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Ligia Judith's Group
In this Group: Ligia Judith, Rosa Ines*, María Dolores, Rosa Nieves, Leonor De Jesús, Rosa Eulalia
* not pictured
The Mujeres de Esperanza Community Bank is comprised of six women who live in the outskirts of Cuenca, a city that enjoys a wonderful cultural heritage, colonial architecture, and beautiful places nearby. Its people are friendly, kind, and work hard to improve their economic situation and help their families get ahead. They keep alive the culture and traditions of their towns.

One of the members of this group is Sra. María Dolores who is in her third loan cycle with the Mujeres de Esperanza Bank. She lives in a beautiful part of Cuenca. María enjoys being part of the bank because of the commitment and friendship she receives from her companions.

She is 28 years old, married, and has three children aged 8, 7, and 2. The two oldest attend school in the city. Her husband is a truck driver. They live in a rented house.

María has been selling cosmetics for two years, a job she does whenever she has the opportunity. Six months ago she also started selling meat but only on market days. At the moment this business is going well. She wishes to use the loan money to buy cosmetics. Her goal is to be a cosmetics catalog sales director.
View original language description ↓
Mujeres de Esperanza es un banco comunal está formado por 6 mujeres quienes viven por los alrededores de la ciudad de Cuenca, ciudad que goza de un gran encanto cultural, tiene una arquitectura colonia y hermosos lugares fuera de la ciudad. Su gente es amable, gentil y muy luchadora que se dedica a trabajar para mejorar la situación económica de sus hogares y sacar adelante a sus familias, mantienen viva la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. María Dolores, está realizando su tercer crédito en el banco comunal Mujeres de Esperanza, vive por un hermoso sector de la ciudad de Cuenca, le gusta los créditos por la unión y la amistad que recibe de sus compañeras.

La Señora. María Dolores tiene 28 años, es casada y fruto de su unión conyugal ha concebido 3 hijos de 8, 7 y 2 años de edad, sus dos primeros hijos están estudiando en una escuelita de la ciudad. Su esposo presta sus servicios como chofer y labora conduciendo un camión, la casa en la que viven es arrendada.

Doña María Dolores desde hace dos años se dedica a la venta de cosméticos, esta actividad la realiza en todo momento que tiene la oportunidad de realizar sus ventas. Hace 6 meses también se dedica a la venta de carne pero solo en días de ferias, por el momento le va bien en este negocio.

Su nuevo crédito va a invertir en la compra de cosméticos.

Su meta es ser directora de la venta por catalogo de estos cosméticos.

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
  • 50
    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 Ligia Judith's Group's $3,200 loan helped a member to buy cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013