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San Luis De Cumbe  (Cuenca) Group
In this Group: María Raquel, Julia Rebeca, María Josefa, Rosa María, Mario Gonzalo, Luis Alberto*, Rosa Etelvina, Rosa Amalia, María Segunda, Segunda Mercedes, Gladys Susana
* not pictured
The San Luís de Cumbe community bank is made up of 9 women and 2 men who work every day in different activities which enable them to improve their family income and move ahead with their families. They are individuals who live from day to day with enthusiasm and a smile on their face. They still maintain the culture and traditions of their people. They live in Cumbe, which is a parish of the city of Cuenca, surrounded by plants and green countryside for agriculture, its architecture is a mix of the old and the new.

Señora Segunda Mercedes is one of the members of this group. She has belonged to the San Luís de Cumbe community bank for a year and a half. Over this time, she has shared many pleasant moments with all of her colleagues at the community bank, and a special friendship has formed between them. She lives on the outskirts of the parish of Cumbe.

Señora Segunda Mercedes is 38 years old, she is a single mother of 3 children aged 20, 15 and 13. Her eldest daughter lives at home because she is disabled, and her other two children study in a local school. The house in which she lives is a house that she built with her effort and sacrifice.

Segunda Mercerdes spends most of her time at home but in order to make money and pay her household bills she makes a living raising pigs, guinea pigs and cattle, whose milk she sells. She also grows crops, which they eat at home. Any left-over crops are sold.

She will invest her new loan in buying livestock and animal feed.

Her aim is to have more high-quality livestock.
View original language description ↓
El banco comunal San Luís de Cumbe está formado por 9 socias y 2 socios quienes a diario laboran en diferentes actividades las mismas que les permiten mejorar la economía de sus hogares y sacar adelante a sus familias, son personas que viven el día a día con alegría y entusiasmo, aun mantienen la cultura y tradiciones de sus pueblos. Viven en Cumbe que es una parroquia de la ciudad de Cuenca que se encuentra rodeada de vegetación y verdes campos propicios para la agricultura, su arquitectura es una mezcla de lo antiguo y lo moderno.

Una de las socias de este grupo es la Señora. Segunda Mercedes se encuentra en el banco comunal San Luís de Cumbe desde hace un año y medio, en este tiempo ha compartido muy gratos momentos con todas sus compañeras del banco comunal y entre ellas ha nacido una amistad especial, vive por los alrededores de la parroquia de Cumbe.

La Señora. Segunda Mercedes tiene 38 años, es madre soltera de 3 hijos de 20, 15 y 13 años de edad, su primera hija pasa en casa porque tiene una discapacidad, sus dos siguientes hijos estudian en un colegio de la localidad, la casa en la que vive en una casa que con su esfuerzo y sacrifico construyó.

Doña Segunda Mercerdes se pasa la mayor parte de su tiempo en casa pero para tener ingresos para solventar los gastos de su casa se dedica a la cría de cerdos, cuyes y ganado del cual vende la leche, también labora en la agricultura y sus cosechas son para el consumo de su casa y si existe un sobrante lo vende.

Su nuevo crédito va a invertir en la compra de ganado y alimento para sus animales.

Su meta es tener más ganado de mejor calidad.

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
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of San Luis De Cumbe (Cuenca) Group's $4,275 loan helped a member to buy livestock and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
May 1, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 21, 2013