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Patacocha  (Cuenca) Group
In this Group: Claudina Janeth, Angelica Fernanda, Jeniffer Alexandra, María Gricelda, Narcisa Del Rocio, Aida Isabel, Julio Blas, Wilmer Santiago, Johmayra Isabel, Mónica Esperanza, Tania Noemi, María Rufina
The communal bank Patococha is made up of two male members and ten female members who live in the parish of Victoria del Portete in Cuenca. This place features vast plains and is surrounded by mountains. Its architecture is a mix of the natural and the ancient. The populace keeps the culture and traditions of their villages alive, and the food is quite varied. The main economic activities are livestock and livestock, and many people work in the city in different activities.

One of the members of this group is María Gricelda. She is 53 years old and divorced, but has 6 children from her marriage. Five of her children are married and living independently, and her only child who is still single is studying in the city university and lives in his own home.

Maria Gricelda is dedicated to farm work, animal husbandry and agriculture. At the moment she is doing very well, and her work is allowing her to improve her economic stablity at home and to help her children.

She will use her loan to invest in the purchase of pigs, chickens, guinea pigs and feed for her animals. She likes the lending group because she can count on the support of the other members in a difficult time.
View original language description ↓
El banco comunal Patococha está formado por 2 socios y 10 socias quienes viven por la parroquia Victoria del Portete en Cuenca, lugar que goza de grandes llanuras y está rodeada de montañas, su arquitectura es una mezcla de lo natural y lo antiguo. Su gente aun mantienen vivas la cultura y tradiciones de sus pueblos, la gastronomía es muy variada, sus actividades principales es la crianza de ganado, la agricultura y muchos laboran en la ciudad en diferentes actividades.

Una de las socias de este grupo es la Señora. María Gricelda, tiene 53 años de edad, es divorciada pero en su unión conyugal ha concebido 6 hijos, cinco de ellos son casados y viven independientes, su único hijo soltero estudia en una universidad de la ciudad, la casa en la que vive es propia.

Doña María Gricelda se dedica a las tareas del campo como, cría animales y a la agricultura que por el momento le va muy bien, este su método de vida que le ha permitido mejorar la estabilidad económica de su hogar y a podido sacarle adelante a sus hijos.

El dinero de su crédito lo va a invertir en la compra de cerdos, pollos, cuyes y alimento para animales. El grupo de crédito le gusta porque siempre cuenta con el apoyo de sus compañeras en algún momento difícil.

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
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Patacocha (Cuenca) Group's $5,100 loan helped a member to buy pigs, chickens, guinea pigs and feed for animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013