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Cashaloma  (Nabón) Group
In this Group: Eddyta Magaly, María Carmita, Carmen Esperanza, Pedro Remigio, Emeterio, Rosa Gladys, Kleber Euclides, Blanca Lucia
The “Cashaloma” communal bank has five female and three male members who live around Nabon Canton. This place is of exuberant natural beauty thanks to its jagged geography and cold climate. Its main sources of income is agriculture and animal husbandry. Its residents are people who maintain their culture and traditions. They are very warm-hearted and hardworking people who strive day to day to improve the economic stability of their homes.

One of the group members is Blanca. She’s taking out her second loan together with her girlfriends and neighbors in the Cashaloma communal bank. She lives around Nabon Canton and she likes the communal bank because of the unity and togetherness of all the members.

Blanca’s 36-years-old and a single mother of five children who are 18, 9, 7 and six years of age; her youngest son is barely 8-months-old. Her oldest son works and helps her out economically and also attends high school on weekends. Her three other children attend the little local school. She owns the house she lives in.

Blanca does her household chores and also raises sheep, pigs, chickens and guinea pigs; she also grows vegetables that she sells in her community.

She will use her loan to buy manure, seeds and animal feed. Her goal is to buy herself a parcel of land to expand in agriculture.
View original language description ↓
El banco comunal Cashaloma está integrado por 3 socios y 5 socias quienes viven por los alrededores del cantón Nabon, este lugar goza de una exuberante belleza natural gracias a su geografía accidentada y es de clima frió, la principal fuente de ingresos son la agricultura y crianza de animales. Su gente son personas que mantienen la cultura y tradiciones de sus pueblos, tiene un corazón muy cálido y son personas trabajadoras que luchan día a día para mejorar la estabilidad económica de sus hogares.

Una de las socias de este grupo es la Señora. Blanca, está realizando su segundo crédito a lado de sus amigas y vecinas del banco comunal Cashaloma, vive por los alrededores del cantón Nabon, el banco comunal le gusta por la unión y compañerismo de todas sus integrantes.

La Señora Blanca tiene 36 años, es madre soltera de 5 hijos de 18, 9, 7, 6 años de edad, su último hijo de apenas 8 meses, su primer hijo trabaja y le ayuda económicamente, también estudia en un colegio los fines de semana, sus tres hijos están estudiado en una escuelita de la localidad. La casa en la que vive es propia.

Doña Blanca se dedica a los quehaceres de su hogar y a la cría y venta de borregos, cerdos, gallinas y cuyes, también siembra hortalizas las mismas que las vende en su comunidad.

Su crédito lo va a invertir en la compra de abono, semillas y alimento para sus animales.

Su meta es comprarse un terreno para crecer en la agricultura.

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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cashaloma (Nabón) Group's $3,175 loan helped a member to buy manure, seeds and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2013
Listed
May 23, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013