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Barrio Sucre  (Cuenca) Group
In this Group: Leonor Patricia, María Nancy*, María José, Gladys María, Norma Evangelina, Anita Lucia, María Margarita, Julia Robertina, Rosa Filomena, Carmen Yolanda, Melida Carlota, Sayda Mercedes, Cecilia Guillermina, María Dolores
* not pictured
The Barrio Sucre communal bank is made up of 14 friends and neighbours who live in Cumbe parish in Cuenca. The area is geographically diverse, combining beautiful landscapes with a cold climate, and its architecture is a mixture of the old and the new. The local inhabitants, like the members of this communal bank, are warm-hearted, friendly and kind and keep their culture and traditions alive. Their main economic activities are agriculture, livestock breeding and trade.

Gladys, a founder member of the Barrio Sucre communal bank, has built up a close friendship with her colleagues. She is 48, married and the mother of two children of 22 and 19, who are studying at a local school. Her husband works as a labourer and the house in which they live is the result of the couple's hard work.

Gladys shares her time between household chores and agriculture. She grows vegetables, which are either sold or consumed by her family. She also rears pigs, guinea pigs, chickens and livestock, whose milk she sells. She plans to invest her new loan in the purchase of livestock and animal feed. Her dream is for her children to be able to study for a professional career.
View original language description ↓
El banco comunal Barrio Sucre está constituido por 14 amigas y vecinas que viven por la parroquia Cumbe en Cuenca, lugar que goza de una geografía accidentada la misma que le regala hermosos paisajes, tiene un clima frió, su arquitectura es una mezcla de los antiguo y lo moderno. Su gente es de un corazón cálido, amable y gentil al igual que las socias de este banco comunal, aun conservan su cultura y tradiciones, su principal actividad económica es la agricultura, crianza de animales y comercio.

Una de las socias de este grupo es la Señora. Gladys, es una socia fundadora del banco comunal Barrio Sucre, en todo este tiempo ha llegado establecer una estrecha amistad con todas sus compañeras.

Doña Gladys tiene 48 años de edad, está casada y fruto de su unión conyugal ha concebido 2 hijos de 22 y 19 años que estudian en un colegio de la localidad. Su esposo labora como jornalero, la casa en la que vive es el fruto del trabajo conyugal.

La señora Gladys se dedica a los quehaceres de su hogar y a la agricultura, siembra hortalizas y sus cosechas son para la venta y para el consumo de su hogar, también cría cerdos, cuyes, gallinas y ganado del cual vende la leche.

Su nuevo crédito va a invertir en la compra de ganado y alimento para sus animales.

Su sueño es que sus hijos se preparen para que lleguen a ser profesionales.

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

  • $10,600
    Average annual income
  • 102
    View loans »
    Ecuador Loans Fundraising
  • $24,143,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Barrio Sucre (Cuenca) Group's $5,075 loan helped a member to buy livestock and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013