Check out some available loans that are similar to this one!
Las Acasias  (Junín) Group
In this Group: Clara Edita, Tarcila Marielena, Tany Gabriela, Obdulia María, María Isabel, Placida Trinidad, Pura Misaela, Viviana Magdalena, José Manuel, Carla Carolina, Andrea Stefania, Irina Patricia, Yesica Paola, María Eugenia, Lourdes
The Community Bank Las Acasias meets every two weeks in the outskirts of the town of Junín, a city that is known for its kind, hardworking people, and as the home of the finest distilled liquor in its province and in all of Ecuador.

The Community Bank group is made up of 14 women and 1 man who decided to come together in support of one another and their respective small business. The group members make a living in various trades and areas, including services, food sales and other industries.

One of the group members is Trinidad, who is 43 years old and lives with her husband, who is a mason, and their son, who is 17 and attends high school.

Trinidad operates a small restaurant and sells various food dishes in order to help her husband with household expenses. She cooks delicious meals, and works seven days a week from 6:00 in the morning until 2:00 in the afternoon preparing breakfasts and lunches for her customers. Trinidad sells her food dishes from her home, and also delivers meals to customers. Her son helps her in the restaurant when he can. Trinidad now has three years of experience running her restaurant, and she is very grateful for this source of income, as her husband works on a contractual basis and is sometimes without work. If it weren’t for her work and business, they would be in a very tight spot.

Trinidad plans to use the support from this loan to purchase rice, fish and other food items for preparing savory dishes at her restaurant. This is her first year as a member of the Las Acasias group, though she was a part of another community group previously, but changed groups to be a part of one closer to her home.

Her goals include continuing her participation in the community bank, and taking advantage of the benefits and support structure there.
View original language description ↓
EL Banco Comunal Las Acacias se reúne cada quince días en las afueras del cantón Junín, esta ciudad se la conoce por su gente amable y trabajadora y porque en este lugar se destila el mejor aguardiente de la provincia y del Ecuador.

Este es un grupo de 14 mujeres y 1 hombre que decidieron unirse y formar este Banco Comunal que les sirve de mucho ya que con los créditos, ellos están mejorando sus pequeños negocios que tienen. Se dedican a diversas actividades tales como comercio, servicios, venta de comidas entre otras actividades.

Una de las socias de este grupo es la señora Trinidad, tiene 43 años de edad, mantiene una relación de unión libre de la cual tiene un hijo de 17 años que estudia en el colegio. Su marido es albañil.

Dorna Trinidad con la finalidad de ayudar a su esposo con los gastos del hogar se dedica a la venta de alimentos, ella tiene un pequeño restaurante en su casa en el cual prepara deliciosos platos, trabaja todos los días desde las 6h00 hasta las 14h00 ya que solo prepara desayunos y almuerzos, su hijo le ayudan en su trabajo cuando puede, ella vende en su casa y también entregar almuerzos a domicilio. Tiene tres años con su restaurante y es así como en ocasiones salen adelante ya que su marido en ocasiones se queda sin trabajo y si no fuera por su negocio no tendrían para la comida se su hogar.

Este crédito lo va a emplear para comprar arroz, pescado y otros víveres para preparar sus deliciosos platos. Este es su primer ciclo en el Banco Comunal, ella ya estaba en otro grupo pero se cambio a este por estar más cerca de su hogar.

Sus metas son seguir adelante en el banco y lograr los beneficios que este brinda.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ecuador

  • $10,200
    Average annual income
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,857,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Acasias (Junín) Group's $6,625 loan helped a member to purchase rice, fish and other food items for her restaurant.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013