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Nuevas Amigas  (Cuenca) Group
In this Group: María Natalia, Rebeca Josefina, Diana Mayra, Verónica Adriana, María Leonor, Juana Margoth, Gladys Verónica, Mayra Fernanda, Rosa Verónica, Melba Azucena
"Nuevas Amigas" (New Friends) is a communal bank that is made up of 10 female members who live in different areas of the city of Cuenca. This city is the third most important city in the country. It has been a World Heritage Site since December of 1999 and its historical center guards the secrets of its past. Its people, like all of the charismatic and happy members of the group, work very hard every day to improve their financial stability and give their children a better future. They still maintain their culture and traditions.

One of the members of this group is Gladys. She has been a member of the "Nuevas Amigas" communal bank for some time now, during which she has established a great friendship with all of the members of this communal bank.

Gladys lives in a common-law marriage and has conceived a child. She is very happy as she is expecting her second baby. Her husband works daily in the hard job of construction. The house in which they live is their own.

For two years Gladys has worked raising and selling animals, especially chickens, which has been increasing little by little. She sells her chickens when they have a suitable weight and size. She sells them live or plucked.

She is going to invest her loan in the purchase of chickens and animal feed. Her goals are to get ahead with her family and grow in her business in order to generate more income for her household.

The small photograph is of a member that could not be present when the group photo was taken.
View original language description ↓
Nuevas Amigas es un banco comunal que está formado por 10 socias que viven por diferentes lugares de la ciudad de Cuenca, esta ciudad es la tercera ciudad más importante del país, es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad y su centro Histórico guarda los secretos de su pasado. Su gente al igual que todas las socias son mujeres carismáticas y alegres que trabajan muy duro día a día para mejorar su estabilidad económica y entregarles a sus hijos un mejor futuro, aun mantienen su cultura y tradiciones.

Una de las socias de este grupo es la Señora. Gladys, es socia del banco comunal Nuevas Amigas desde hace algún tiempo atrás, tiempo en el que ha establecido una gran amistad con todas las integrantes de este banco comunal.

Doña Gladys vive en unión libre y ha concebido un hijo, se encuentra muy alegre ya que está esperando a su segundo bebé. Su esposo labora a diario en el duro trabajo de la construcción, la casa en la que viven es propia.

Doña Gladys desde hace 2 años se dedica a la cría y venta de animales especialmente de pollos loa cuales ha ido incrementando poco a poco, sus pollos los vende cuando ya tienen un peso y tamaño adecuado, los vende en pie o pelados.

Su crédito lo va a invertir en la compra de pollos y alimento para animales.

Sus metas son sacar adelante a su familia y crecer en su negocio para generar mayores ingresos a su hogar.

La foto pequeña es de una socia que no pudo estar presente cuando se tomo la foto del grupo.

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
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,193,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nuevas Amigas (Cuenca) Group's $3,450 loan helped a member to buy chickens and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013