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Tierra Fértil  (Cuenca) Group
In this Group: María Teresa, Juana Catalina, Mónica Cecilia, Mónica Alrexandra, Delia Florencia, Rosa Isabel, Blanca Leonor, Alexandra Patricia, Nora Lucia
The Tierra Fértil group is made up of nine women who live near to the Valle de Cuenca parish. This parish is surrounded by a lot of vegetation, and because of its varied landscape there is a lot of space to enjoy its green fields and farmland. Its architecture is a mix of old and new. The people are very kind and courteous and work hard every day to improve their households' stability. They have various jobs to provide for their families, and they still keep the flames of their culture and traditions alive.
One of the group members is Nora. She is taking out her first loan with her friends and fellow members of the Tierra Fértil group. She is 51, married, and has three children ages 20, 16, and 15. Her eldest child is a taxi driver. They live in their own home.
Nora is an expert and professional in the field of sewing. She learned this in school and it is now a source of income for her home. She has done this work for 22 years, and she works Monday to Friday without a fixed schedule. In her home she also raises chickens and guinea pigs for sale or for household consumption.
The money from this loan will be invested in the purchase of fabric, thread, and other sewing materials.
Her goal is to expand her small workshop.
View original language description ↓
El grupo de crédito Tierra Fértil está formado por 9 mujeres quienes viven por los alrededores de la parroquia del Valle en Cuenca, esta parroquia se encuentra rodeada de mucha vegetación, por su geografía accidentada tiene varios paisajes para disfrutar de sus verdes campo y sembríos, su arquitectura es una mezcla de lo antiguo y lo moderno. Su gente es amable y muy gentil que luchan a diario para mejorar la estabilidad de sus hogares, trabajan en diferentes actividades las mismas que le ayudan a mejorar la estabilidad de sus hogares, aun mantienen viva las llamas de su cultura y tradiciones.

Una de las socias de este grupo es la Señora. Nora, está realizando su primer crédito a lado de sus amigas y compañeras del grupo de crédito Tierra Fertil. Tiene 51 años es casada y fruto de su unión conyugal ha concebido 3 hijos de 20,16 y 15 años de edad, su primer hijo se dedica a trabajar pero solo es para solventar sus gastos personales, sus dos hijos siguientes hijos están estudiando en un colegio de la ciudad. Su esposo es de profesión chofer y labora conduciendo su taxi, la casa en la que viven es propia.

Doña Nora es toda una profesional en la rama de la costura, esta actividad lo aprendió estudiando y ahora es su fuente de ingreso para su hogar, lleva 22 años ejerciendo su profesión y trabaja de lunes a viernes sin un horario fijo. En su casa también se dedica a la crianza de pollos y cuyes los que vende o es para el consumo de su casa.

El dinero de su crédito va a ser invertido en la compra de telas, hilos y otros materiales de costura.

Su meta es agrandar su pequeño taller.

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
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tierra Fértil (Cuenca) Group's $3,550 loan helped a member to buy fabric, thread, and other materials for sewing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014