Check out some available loans that are similar to this one!
Estrellitas  (Cuenca) Group
In this Group: Ana Beatriz, María Margarita, Marianita De Jesus, Diana Merrcedes, Trancito, Mercedes Esther, Luz María, Mayra Janneth*, Roberto Carlos, Mayra Jimena, Andres Patricio, Martha Lucia*
* not pictured
The communal bank Estrellitas consists of 10 women and 2 men who are friends. They work daily in several markets in the city. They work in the commercial activity that has allowed them to cover their household expenses and improve their economic stability. They are kind and gentle people who still maintain the culture and traditions of their people. They live in the city of Cuenca. This city is the third most important city in Ecuador. It has many places for enjoying nature. It is bathed by four rivers and has been a World Heritage Site since December of 1999.

One of the members of this group is María Margarita. She is taking out her second loan in the communal bank Estrellitas. She lives by a beautiful area of the city of Cuenca.

María Margarita is 62 years old, is married and she has conceived 5 children as fruit of this marriage who are now adults, 4 of them are married and live independently. Her unmarried son works and helps her economically. Her husband is a merchant. She doesn’t have her own home so she lives in the home of her son.

María Margarita has worked selling underwear and aprons for 25 years. She works in this business every day and she sells her merchandise throughout the city.

She is going to invest her new loan in the purchase of underwear to expand her business.

Her dream is to have no debts and to get ahead.
View original language description ↓
El banco comunal Estrellitas está formado por 10 socias y 2 socios quienes son amigos, laboran a diario en varios mercados de la ciudad, se dedican al comercio actividad que les ha permitido solventar los gastos de sus hogares y mejorar su estabilidad económica, son personas amables y gentiles que aun mantienen la cultura y tradiciones de sus pueblos. Viven en la ciudad de Cuenca, esta ciudad es la tercera ciudad más importante del Ecuador, tiene muchos lugares para disfrutar de la naturaleza, se encuentra bañada por 4 ríos y es Patrimonio Cultural de la Humanidad desde Diciembre de 1999.

Una de las socias de este grupo es la Señora. María Margarita, se encuentra realizando su segundo crédito en el banco comunal Estrellitas, vive por un hermoso sector de la ciudad de Cuenca.

Doña María Margarita tiene 62 años, es casada y fruto de su unión conyugal ha concebido 5 hijos mayores de edad, 4 de ellos son casados y viven independientes, su hijo soltero trabaja y le ayuda económicamente. Su esposo es comerciante, no tiene casa propia por lo que vive en casa de su hijo.

La Señora. María Margarita desde hace 25 años se dedica a la venta de ropa interior y delantales, trabaja en este negocio todos los días, vende su mercadería recorriendo la ciudad.

Su nuevo crédito lo va a invertir en la compra de ropa interior para ampliar su negocio.

Su sueño es no tener deudas y salir adelante.

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
  • 42
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Estrellitas (Cuenca) Group's $6,750 loan helped a member to purchase underwear.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
May 1, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013