Check out some available loans that are similar to this one!
Cumbe Centro  (Cuenca) Group
In this Group: María Targelia, Martha Verónica, Silvia Eugenia, Andrea Priscila, Irma Sonia, Nube Del Rosario, María Rosa Elena, María Esther
Cumbe Centro Communal Bank is made up of eight members who are neighbors and friends. The loans have allowed them to strengthen the ties of friendship among themselves and have a single goal, which is to get their families ahead. Their jobs allow them to help the household solvency and so give their children a better future.

They live in the parish of Cumbe in Cuenca, a place with a cold climate surrounded by a lot of vegetation, green fields and beautiful landscapes. The main economic activity there is raising animals, agriculture, and commerce.

One of the members of this group is Irma, 32. She's single and lives in her father's house. He works as a professional driver. Together they share the household expenses.

Irma's a very hardworking woman. She started her business when she was very young and now has 15 years of experience. She works from Sunday through Sunday selling a variety of dry grains. She doesn't have a set schedule. She has her own stall in a market in the city. This job has allowed her to improve herself economically and help her family get ahead.

She's going to invest her loan in buying dry grains.

Her goal is to expand her business.

The small photo is of a member who couldn't be present when the group photo was taken.
View original language description ↓
El banco comunal Cumbe Centro está formado por 8 socias quienes son vecinas y amigas, los créditos les han permitido estrechar los lasos de amistad entre todas ellas y tener un mismo propósito que es sacar adelante a sus familias, sus trabajos les permiten ayudar a la solvencia de sus hogares y así brindarles a sus hijos un mejor porvenir. Viven por la parroquia de Cumbe en Cuenca, este lugar es de clima frió, se encuentra rodeado de mucha vegetación, verdes campos y hermosos paisajes. Su principal actividad económica es la cría de animales, la agricultura y el comercio.

Una de las socias de este grupo es la Señorita. Irma, es soltera y tiene 32 años de edad, vive en casa de su padre quien labora como chofer profesional, entre los dos comparten los gastos del hogar.

La Señorita. Irma es una mujer muy trabajadora, desde muy joven empezó con su negocio el cual ya tiene 15 años, labora de domingo a domingo en la venta de una gran variedad de granos secos y trabaja sin un horario fijo, tiene un puesto propio en un mercado de la ciudad. Este trabajo le ha permitido superarse económicamente y ayudar a su familia a salir en adelante.

Su crédito lo va a invertir en la compra de granos secos.

Su meta es ampliar su negocio.

La foto pequeña es de una socia que no pudo estar presente cuando se tomo la foto del grupo.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,094,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cumbe Centro (Cuenca) Group's $2,250 loan helped a member to buy dry grains.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014