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El Cruce Hacia El Futuro  (Cuenca) Group
In this Group: Elsa Gladys, Jenny Elizabeth, María Del Carmen, Rosa Del Cisne, Mónica Patricia, María Eugenia, Gladis Blanca, Narcisa Milena
The El Cruce Hacia El Futuro community bank is made up of eight women who live in the outskirts of the Sinincay parish in Cuenca. The area enjoys green fields and a church that professes the religion of its population. The people also maintain the culture and traditions of their ancestors. Their sources of income are agriculture, raising animals, commerce, and many go to the city every day to work in different professions. All of the kinds of work that they do give them the opportunity to improve the stability of their households so that they can provide their children with a better future.

One of the members of the group is Jenny, who has been a member for six years. She is 26 years old, married, and has no children. Her husband works as a public employee. She does not have her own home because she lives with her in-laws, with whom they share the household expenses.

Jenny has had her own business for five years. It is a copy center where she also covers theses, sells stationary items, and sells candy. She works at her business from Monday to Saturday from 8:00am until 10:00pm. In her home, she works raising and selling guinea pigs.

She will use the money from the loan to purchase a printer. Her goal is to finish building her home.

The small photos are of two group members who were not able to be present when they took the group photo.
View original language description ↓
El banco comunal El Cruce hacia el Futuro está formado por 8 mujeres quienes viven por los alrededores de la parroquia Sinincay en Cuenca, lugar que goza verdes campos, de una iglesia que profesa la religión de su población. Su gente aun mantienen la cultura y tradiciones de sus pueblos, su fuente de ingresos es la agricultura, crianza de animales, comercio y muchos salen diariamente a la ciudad a ejercer diferentes profesiones, todo tipo de trabajo que ejercen les da la oportunidad de mejorar la estabilidad de sus hogares y así les pueden brindar un mejor futuro a sus hijos.

Una de las socias de este grupo es la Señora. Jenny, lleva 6 años en el grupo de crédito el Cruce hacia el Futuro. Tiene 26 años, es casada y aun no concibe hijos, su esposo labora como empleado público, no tiene casa propia por lo que vive en casa de sus suegros con quienes comparte los gastos del hogar.

Doña Jenny tiene negocio propio desde hace 5 años, es un centro de copia donde también realiza empastado de tesis, vende productos de papelería y confitería, labora en su negocio de lunes a sábados desde las 8 de la mañana hasta las 10 de la noche. en su casa se dedica a la cría y venta de cuyes.

Con el dinero de su nuevo crédito va a comprar una impresora.

Su meta es terminar de construir su casa.

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.

About Ecuador

  • $10,600
    Average annual income
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Cruce Hacia El Futuro (Cuenca) Group's $5,025 loan helped a member to purchase a printer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014