Check out some available loans that are similar to this one!
San José  (Cuenca) Group
In this Group: Hilda Florencia, Ana Mercedes, Delia Mercedes, Gloria Esperanza, María Dolores, Rosa Cristina, Mariano Rosario, Rosa Amelia, María Carmen, María Clara, Rosa Elena
The San José Communal Bank consists of 10 female members and 1 male member. They work either in the city or in the fields so that they can improve their economic stability and help their families move forward. The members have been able to maintain their culture, their traditions, and their traditional cuisine. They live in the parish of Santa Ana in Cuenca, a place that is surrounded by the natural beauty of green cultivated fields. The area experiences cold weather and has dreamy landscapes.


One of the members of this group is Sra. María Clara. She joined the San José Communal Bank four years ago. María Clara likes the fact that the group loans have benefited her business and have strengthened her friendship with all of her neighbors. She is 46 years old, separated from her husband, and has five children. Her three oldest children are grown and work so that they can contribute financially. Her two youngest children attend school in the city. María Clara does not own a home, but she lives in a house that is being loaned to her by a relative. She works eight hours a day as a domestic employee, but she also raises guinea pigs and chickens. María Clara also cultivates farmland, but her harvest is only for household consumption.


Her new loan will be invested in the purchase of guinea pigs and chickens. María Clara dreams of having a house of her own.

View original language description ↓
El banco comunal San José está formado por 10 socias y 1 socio quienes laboran en la ciudad o en el campo para mejorar su estabilidad económica y así poder sacar adelante a sus familias, aun mantienen su cultura, tradiciones y su comida típica. Viven por la parroquia de Santa Ana en Cuenca, este lugar está rodeado de naturaleza con sus verdes campos cultivados, este sector es de clima frió y tiene paisajes de ensueños.

Una de las socias de este grupo es la Señora María Clara, forma parte del banco comunal San José desde hace 4 años, le gusta realizar los créditos en grupo por que le benefician en su actividad económica y también fortalecen su amistad con todas sus vecinas.

La Señora. María Clara tiene 46 años, está separada d su marido pero en su unión conyugal ha concebido 5 hijos, sus tres primeros hijos son mayores de edad se dedican a trabajar y le ayudan económicamente, sus dos últimos hijos están estudiando en un colegio de la ciudad. No tiene casa propia por lo que vive en una casa que le ha prestado un familiar.

Doña María Clara labora como empleada domestica 8 horas al día, también se dedica a la cría de cuyes y gallinas, 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 cuyes y pollos.

Su sueño es tener su casa propia.

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
  • 47
    View loans »
    Ecuador Loans Fundraising
  • $24,293,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of San José (Cuenca) Group's $5,000 loan helped a member to buy guinea pigs and chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013