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Camino Al Progreso  (Cuenca) Group
In this Group: María Rosa, María Carmen, Nancy Margarita, Gladys Yolanda, Trancito, María Imelda, Alejandra Del Carmen*
* not pictured
The loan group "Camino al Progreso" (Road to Progress) was formed by seven women who live on the outskirts of the Turi parish in Cuenca. From this place there is a beautiful view of the city of Cuenca. For this reason it is known as the viewpoint of the city. Its geography is rugged, with beautiful landscapes and green fields. Its people are friendly, gracious, and very charismatic, and every day they look for ways to improve the economic stability of their households in order to offer a better future to their children. Their principal economic activity is agriculture and raising animals, and some work in the city in various workplaces.

One of the members of this group is Señora Maria Rosa, who is now in her third loan cycle, along with her friends and fellow group members from Camino al Progreso, a group that she likes a lot, since she shares good moments with her neighbors, leaves the routine of her work, and at the same time learns from the educational talks that they receive.

Señora Maria Rosa is 43 years old. She is married, and she and her husband have five children, ages 23, 21, 18, 15, and 12. Her oldest, a daughter, works and helps her economically. Her second child, a son, is married and lives independently. Her next two children work but only for their personal expenses, and her last son lives at home. Her husband works as a bricklayer. The house where they live is their own.

Doña Maria Rosa works in agriculture. What she harvests is for the household consumption, and she sells what is left. She also raises chickens, pigs, and guinea pigs.

She is going to invest her loan in the purchase of chickens, guinea pigs, and construction materials to make a bigger chicken coop.

Her goal is to grow in her animal-raising business.

The little photo is of two members who were not able to be present when the group photo was taken.
View original language description ↓
El Grupo de Crédito Camino al Progreso está formado por 7 mujeres quienes viven por los alrededores de la parroquia de Turi en Cuenca, desde este lugar hay una hermosa vista de la ciudad de Cuenca por lo que es conocido como el mirador de la ciudad, su geografía es accidentada, con bellos paisajes y verdes campos. Su gente es amable, gentil y muy carismática que todos los días buscan la manera de mejorar su estabilidad económica de sus hogares para brindarles un mejor futuro a sus hijos, su principal actividad económica es la agricultura, la crianza de animales y algunos laboran en la ciudad en diferentes fuentes de trabajo.

Una de las socias de este grupo es la Señora. María Rosa, se encuentra en su tercer crédito que realiza a lado de sus amigas y compañeras del grupo de crédito Camino al Progreso, grupo que le gusta mucho ya que comparte buenos momentos con sus vecinas, sale de la rutina de su trabajo y a la vez aprende con las charlas de educación que reciben.

La Señora. María Rosa tiene 43 años, es casada y fruto de su unión conyugal ha concebido 5 hijos de 23, 21, 18, 15 y 12 años de edad, su primera hija trabaja y le ayuda económicamente, su segundo hijo ya es casado y vive independiente, sus dos siguientes hijos trabajan pero solo para los gastos personales y su último hijo pasa en casa. Su esposo labora como albañil, la casa en la que vive propia.

Doña María Rosa se dedica a la agricultura, lo que cosecha es para el consumo de su casa y el sobrante lo vende, también cría pollos, cerdos y cuyes.

Su crédito va a invertir para la compra de pollos, cuyes y materiales de construcción para hacer un galpón de pollos más grande.

Su meta es crecer en su negocio de la crianza de animales.

La foto pequeña es 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
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,134,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Camino Al Progreso (Cuenca) Group's $4,700 loan helped a member to buy chickens, guinea pigs, and construction materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014