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Las Comerciantes  (Cuenca) Group
In this Group: Norma Catalina, Gerardina, Ana Lucia, Mónica Beatriz, Rosa Alicia, Gloria Esperanza, Transito Guadalupe, Mayra Alexandra*, Jimena Alexandra, Elizabeth Gabriela
* not pictured
Las Comerciantes Communal Bank is made up of 10 women who work primarily in commerce, which allows them to improve the economic stability of their households. They live in the city of Cuenca, which is surrounded by mountains because of its rugged geography. It's bathed by four rivers, and there are a variety of places to enjoy nature. The cuisine is varied and captivates the palate everyone who visits.

Mónica is one of the members of this group. This is her third loan with her friends and colleagues from the group, which she likes because of the unity and companionship among all the members.

She's 33 years old and married, and has two children from this relationship. Her first child, 15, attends a school in the city; her second child is barely a year-and-a-half old. Her husband is working abroad in search of a better future. She lives with some relatives because she doesn't have her own house.

Mónica makes a living sewing, which she learned on the job because her parents were professionals. Now she has a small tailor shop in her house and she works every day without a fixed schedule. She sells everything she makes in the fairs in the city. As she spends all her time at home, she also raises animals.

She's going to invest her loan in buying fabric and thread for her workshop.

Her goal is to have her own house.

The small photos are of two members who weren't able to be present for the group photo.
View original language description ↓
El banco comunal Las Comerciantes está formando por 10 mujeres que se dedican en su mayoría al comercio, lo cual les permite mejorar la estabilidad económica de sus hogares. Viven en la ciudad de Cuenca, ciudad que esta rodea de montañas por su geografía accidentada, esta bañada por 4 ríos y cuenta con varios lugares para disfrutar de la naturaleza, su gastronomía es muy variada y cautiva el paladar de todos los que la visitan.

Una de las socias de este grupo es la Señora. Mónica, este es el tercer crédito que realiza en conjunto con sus amigas y compañeras del grupo, el cual le gusta por la unión y compañerismo que existe entre todas ellas.

Ella tiene 33 años, es casada y fruto de su unión conyugal ha concebido 2 hijos, su primer hijo tiene 15 años y está estudiando en un colegio de la ciudad, su segundo hijo apenas tiene un año y medio. Su esposo en busca de un mejor futuro labora en el extranjero, no tiene casa propia por lo que vive en casa de unos familiares.

La Señora. Mónica se dedica a la costura, esta actividad la aprendió trabajando ya que sus padres eran profesionales en esta actividad, ahora tiene un pequeño taller en su casa y trabaja de domingo a domingo sin un horario fijo, todo lo que confecciona vende en las ferias de la ciudad. Como pasa en casa también se dedica a la cría de animales.

Su crédito lo va ha invertir en la compra de telas e hilos para su taller.

Su meta es tener una casa propia.

Las fotos pequeñas son de dos socias que no pudieron estar presentes 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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Comerciantes (Cuenca) Group's $5,275 loan helped a member to buy fabric and thread.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013