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Ilusiones  (Cuenca) Group
In this Group: Trancito María , Miriam Soledad , Fanny Isabel, Aida Guillermina, Eva Cecilia, Rosa Miriam, Zoila Rosario*, Ana Magaly, Nancy Susana, Jeannette Del Rocio
* not pictured
The Ilusiones Communal Bank is made up of 10 women who live in Valle de Cuenca parish, a place surrounded by great natural beauty thanks to its rugged geography. It has a cold climate and its architecture is a mixture of the old and the new. The parish has seen great economic growth. Its people are friendly, courteous and warm-hearted. They still maintain the culture and traditions of their small towns. They work hard everyday to improve the economic stability of their households and to help their families get ahead.

One of the members of this bank is Sra. Aída. This is her second loan with Ilusiones Communal Bank. She enjoys the bank because she can meet with her friends at the meetings and leave her daily work routine behind. The loans also help her improve her business.

Sra. Aída is 52 years old. She is married and has six children from this union: two are married and live independently, two work and attend night school, while her two youngest attend school in the city. Her husband lives abroad because he has emigrated in search of a better future for the family. She owns her home.

Doña Aída is a very enterprising woman who runs several enterprises. She has had a store for the past 20 years, where she works every day from 6 in the morning until 8 at night. From Mondays to Fridays, she also sells lunches and on the weekend she sells roast chickens. She also raises pigs, sheep, Guinea pigs and chickens. In addition, she cultivates her land and uses her crops for household consumption.

She will use her new loan to purchases supplies to stock her store. Her goal is to have a boutique in her home and also telephone booths.
View original language description ↓
El banco comunal Ilusiones está formado por 10 mujeres quienes viven por la parroquia del Valle en Cuenca, lugar que se encuentra rodeado de una gran belleza natural gracias a su geografía accidentada, es de clima es frió y su arquitectura se mezcla entre lo moderno y lo antiguo, esta parroquia ha tenido un gran crecimiento económico. Su gente es amable, gentil y de un corazón muy cálido, aun mantienen la cultura y tradiciones de sus pueblos, trabajan muy arduo diariamente para mejorar la estabilidad económica de sus hogares para sacar adelante a sus familias.

Una de las socias de este grupo es la Señora Aída, este es su segundo crédito que realiza en el banco comunal Ilusiones, le gusta la banca comunal porque en cada reunión se encuentra con sus amigas y sale de su rutina diaria de trabajo, los créditos también le ayudan para mejorar su negocio.

La Señora Aída tiene 52 años, es casada y fruto de su unión conyugal ha concebido 6 hijos, dos son casados y viven independientes, dos trabajan y estudian en un colegio nocturno, sus dos últimos hijos estudian en un colegio de la ciudad. Su esposo vive en el extranjero ya que ha migrado en busca de un mejor porvenir para su familia, la casa en la que vive es propia.

Doña Aída es una mujer emprendedora y labora en varios oficios, tiene una tienda desde hace 20 años en la cual labora de domingo a domingo desde las 6 de la mañana hasta las 8 de la noche. De lunes a viernes vende almuerzos y los fines de semana vende pollos asados. También cría cerdos, borregos, cuyes y pollos, cultiva sus terrenos y lo que cosecha es solo para el consumo de su hogar.

Su nuevo crédito lo va a invertir en la compra de víveres para surtir su tienda.

Su meta es tener en su casa una boutique y también cabinas telefónicas.

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 Ilusiones (Cuenca) Group's $5,700 loan helped a member to purchase supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013