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Soledad Del Valle  (Cuenca) Group
In this Group: Blanca Gerardina, Mariana De Jesús, Sonia Mercedes, María Rosario, Blanca Sara, Rafaela De Los Angeles, Arturo De Jesús
The communal bank “Soledad del Valle” is made up of 6 women and one man who live in the surrounding areas of the Valle parish in Cuenca, a place that is surrounded by green fields and large mountains, with old and modern architecture. Its people are very warm, friendly and gentle. They struggle every day for the wellbeing of their families. They work in the same various activities that allow them to have economic independence. They still maintain the culture and traditions of their people.

One of the members of this group is Mariana. She is a new member who is entering into the communal bank “Soledad del Valle,” at the invitation of a neighbor. She is 26 years old and is a single mother of two children who are 4 and 2 years old. They live in their own house. Mariana works selling clothing and footwear. She has performed this activity for a year. She sells her merchandise throughout the city from Tuesday to Sunday without a fixed schedule. In her house she works breeding and selling chickens. These activities allow her to pay the household expenses.

She is going to invest her loan in the purchase of clothing in order to stock up her merchandise.

Her dream is to travel to the United States.
View original language description ↓
El banco comunal Soledad del Valle está formado por 6 socias y 1 socio quienes viven por los alrededores de la parroquia del Valle en Cuenca, lugar que se encuentra rodeado de verdes campos y de grandes montañas, su arquitectura es antigua y moderna. Su gente es muy cálida, amable y gentil que luchan día a día por el bienestar de sus familias, laboran en diferentes actividades las mismas que les permiten tener su independencia económica, aun mantienen la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Mariana, se una socia nueva que está ingresando al banco comunal Soledad del Valle al cual fue invitada por una vecina.

Ella tiene tiene 26 años de edad, es madre soltera de 2 hijos de 4 y 2 años de edad. La casa en la que viven es propia.

La Señora Mariana se dedica al comercio de ropa y calzado, esta actividad la desempeña hace un año, vende su mercadería recorriendo la ciudad de martes a domingo sin un horario fijo. En su casa se dedica a la cría y venta de pollos. Estas actividades le permiten solventar los gastos de su hogar.

Su crédito lo va a invertir en la compra de ropa para surtir su mercadería.

Su sueño es viajar a los Estados Unidos.

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
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Soledad Del Valle (Cuenca) Group's $4,800 loan helped a member to buy clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013