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Mujeres Con Decisión  (Cuenca) Group
In this Group: María Rosario, Ruth Cecilia, Jenny Susana, María Carmen, Zoila Oliva, Norma Elizabeth*, Erika Fernanda*, María De Lourdes, María Yasmin, Anita Lucia, Ruth Esperanza
* not pictured
The communal bank Mujeres con Decisión comprises 11 women, who engage in various activities to improve their household finances and to support their families. They live in the outlying areas of Cuenca, which is the country's third most important city and a World Heritage Site since December 1999. The city has many places to visit where you can have fun with your family.

Ruth Esperanza has been a member of Mujeres con Decisión for eight years, and, during this time, the communal bank has become family to her. She likes the loans because they improve her financial stability. Ruth Esperanza, 39, is married and has three children, ages 17, 14, and 8, from the relationship. The two oldest children are in high school, and the youngest attends a small school in the city. Her husband is an auto mechanic, and they live in their own house.

For several years, Ruth Esperanza has worked Monday to Saturday in a florist shop, where they sell flowers for all occasions. She will use the loan to buy groceries and to pay for her children's education. Her dream is to be debt free.
View original language description ↓
El banco comunal Mujeres con Decisión está formado por 11 mujeres quienes laboran en diferentes actividades las mismas que les permiten mejorar la economía de sus hogares y sacar adelante a sus familias. Viven por los alrededores de la ciudad de Cuenca que es la tercera ciudad más importante del país, es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad, tienen muchos lugares para visitar y disfrutar momentos amenos con la familia.

Una de las socias de este grupo es la Señora. Ruth Esperanza, se encuentra en el banco comunal Mujeres con Decisión desde hace 8 años, en todo este tiempo ha logrado formar una familia en su banco comunal, le gusta los créditos porque le permiten mejorar su estabilidad económica.

La Señora. Ruth Esperanza tiene 39 años, es casada y en su unión conyugal ha concebido 3 hijos de 17, 14 y 8 años de edad, sus dos primeros hijos están estudiando en un colegio y su ultimo hijo está en una escuelita de la ciudad. Su esposo labora en una mecánica automotriz, la casa en la que viven es propia.

Doña Ruth Esperanza trabaja de lunes a sábados un local que venden ramos de flores para toda ocasión, esta en este trabajo desde hace algunos años.

El dinero de su crédito va a invertir en la compra de víveres para su hogar y para pagar los estudios de sus hijos.

Su sueño es no tener deudas.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mujeres Con Decisión (Cuenca) Group's $4,200 loan helped a member to buy groceries and to pay for her children's education.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013