Check out some available loans that are similar to this one!
Tocte  (Cuenca) Group
In this Group: Elvira De Jesús, María Ana, Rosa Matilde, María Zoila, Flor Narcisa, María Aurora*, Ana Lucia, María Magdalena, Zoila María, Luis Angel
* not pictured
The Tocte communal bank is comprised of nine women and one man. These members live on the outskirts of the Jadan parish in Cuenca. This place is surrounded by a lot of vegetation and green fields. Its people are very hard-working. Specifically, they raise animals, farm, and make ropes. Many people work in the city by engaging in different business activities. Their pride is still keeping the culture and traditions of their villages alive.

María Ana is a member of this group. She is a founding member who is part of the Tocte group loan. In this group she has established a great friendship with all of her neighbors and colleagues in the community. The loans have allowed her to grow in her business.

María Ana, age 41, is married. They have three children, ages 15, 9, and 6. Her first daughter goes to high school, and the last two children go to an elementary school in the area. Her husband works as a bricklayer. They live in their own house.

María Ana devotes herself to the work that she learned from her parents, farming. She grows and harvest vegetables, which she sells in her community. She also raises pigs, guinea pigs, and chickens.

She will use the loan to buy fertilizer, seeds, and feed for her animals. Her goal is to expand her business.

The man with the gray jacket in the last row of the photo is the husband of the member who is not in the photo.
View original language description ↓
El grupo de crédito Tocte está formado por 9 socias y 1 socio quienes viven por los alrededores de la parroquia de Jadan en Cuenca, este lugar se encuentra rodeado de mucha vegetación y de verdes campos, su gente es muy trabajadora, se dedican en especial a la crianza de animales, a la agricultura y a la elaboración de sogas, muchos laboran en la ciudad ejerciendo diferentes actividades, su orgullo es aun mantener viva la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. María Ana, es una socia fundadora que forma parte del grupo de crédito Tocte, grupo en el cual ha establecido una gran amistad con todas sus vecinas y compañeras de la comunidad, los créditos le han permitido crecer en su negocio.

Doña María Ana tiene 41 años, es casada y fruto de su unión conyugal ha concebido 3 hijos de 15, 9 y 6 años, su primera hija está estudiando en el colegio y sus dos últimos hijos estudian en una escuelita de la localidad. su esposo labora como albañil, la casa en la que viven es propia.

La Señora María Ana se dedica a la tarea que aprendió de sus padres que es la agricultura, siembra y cosecha hortalizas las que vende en su comunidad, también cría cerdos, cuyes y pollos.

Su crédito va a ser invertido en la compra de abono, semillas y alimento para sus animales.

Su meta es agrandar su negocio.

El señor con chompa gris que esta en la última fila de la foto es el esposo de la socia que falta en la fotografía.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,094,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tocte (Cuenca) Group's $4,950 loan helped a member to buy fertilizer, seeds, and feed for her animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014