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Las Caleras  (Cuenca) Group
In this Group: María Mercedes, María Margarita, María Laura, María Rosario, Gladys Ximera, María Agusta, Lourdes Cristina*, Karina Fernanda, Deicy Verónica, María Transito, Elisa Lorena
* not pictured
Las Caleras Communal Bank is composed of 11 members who live in the city of Cuenca. This colonial city delights in its natural and cultural beauty. It is bathed by four rivers. Its city center still maintains the town’s history, thanks to its colonial structure. Its people, like these women, work and struggle every day to improve their household finances in order to help their families get ahead.

One of the members of this group is Sra. María Transito. She has been a member of the communal bank for several years. During that time she has succeeded in developing strong friendships with all of the other members of the group.

Sta. Maaría Transito is 60 years old. She is married and conceived eight children during her marriage. One son is also married and lives independently. Three of her children are working and her last four children are attending school in the city. Her husband works as a bricklayer. They own their home.

Doña María Transito sells oven roasted pork, potatoes with pork and stewed corn. She has run her business at a market in the city for several years , however now one of her daughters has taken over her stall in the market while she, herself, works from home selling food. She has been doing well

She will invest the money from her loan in the purchase of pork, potatoes and other supplies so that she can continue growing her business.

Her dream is to continue growing her business.
View original language description ↓
El banco comunal Las Caleras está formado pero 11 socias que viven en la ciudad de Cuenca, esta ciudad goza de una belleza natura, cultural y colonial, esta bañada por 4 ríos, su centro aun guarda la historia de la ciudad gracias a su estructura colonial. Su gente al igual que las socias son mujeres que trabajan y luchan día a día para mejorar la economía de sus hogares para sacar adelante a sus familias.

Una de las socias de este grupo es la Señora. María Transito, forma parte del banco comunal desde hace algunos años, en este tiempo ha llegado a establecer una mejor amistad con todas sus compañeras del grupo.

La Señora. María Transito tiene 60 años, es casada y en su unión conyugal ha concebido 8 hijos, un hijo está casado y vive independiente, tres de sus hijos trabajan y sus cuatro últimos hijos estudian en un colegio de la ciudad. Su esposo labora como albañil, la casa en la que viven es propia.

Doña María Transito se dedica a la venta de hornado, papas con cuero y mote, esta actividad la realiza hace algunos años en un mercado de la ciudad, pero ahora una de sus hijas se ha hecho cargo de su puesto en el mercado, ella ahora trabaja desde su casa vendiendo su producto y le va bien.

El dinero de su crédito lo va a invertir en la compra de carne de chancho, papas y otros víveres para seguir creciendo en su negocio.

Su sueño es continuar creciendo en su negocio.

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
  • 103
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Caleras (Cuenca) Group's $4,600 loan helped a member to purchase pork, potatoes and other supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013