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Paccha  (Nabón) Group
In this Group: Carmita Eulalia, Ayda Esperanza, Ligia Sabayda, Fabian Vinicio, Julia Encarnación, María Elvira, Segundo Primitivo, Rosa Elena
The “Paccha” communal bank consists of two male and six female members living in Nabón Canton. This is a cold climate place. It has several spots to enjoy nature and beautiful scenery. Its residents are kind and gracious people who strive to improve their economic situation to move their families forward. They carry out various activities like agriculture, animal husbandry and some also work in the city. They pride is keeping their culture and traditions still alive.

One of this group’s members is Rosa, 33. She’s married and has conceived six children. Her first son is married and lives independently. Her second son is in secondary school and her next three children attend the little local elementary school; her youngest is still at home because he’s still very little. Her husband works in construction and the house they live in is theirs.

Rosa spends most of her time caring for her children but in order to contribute to household economy she works in agriculture. She grows vegetables to sell and for home consumption. She also raises sheep, cows, pigs and chickens.

She will use the money from her loan to buy pigs, chickens, animal feed and seeds. Her goal is to have a larger chicken coop.
View original language description ↓
El grupo de crédito Paccha está formado por 2 socios y 6 socias quienes viven en el cantón Nabón, este lugar es de un clima frió, tiene varios lugares para disfrutar de la naturaleza y hermosos paisajes, su gente es amable y gentil que luchan para mejorar su situación económica para sacarles adelante a sus familias, se dedican a varias actividades como la agricultura, la crianza de animales y también laboran en la ciudad. Su orgullo es aun mantener viva su cultura y tradiciones.

Una de las socias de este grupo es la Señora. Rosa, tiene 33 años, es casada y fruto de su unión conyugal ha concebido 6 hijos, su primer hijo es casado y vive independiente, su segundo hijo está en el colegio, sus tres hijos siguientes estudian en una escuelita de la localidad y su último hijo pasa en casa ya que es aún muy pequeño. Su esposo labora como albañil, la casa en la que viven es de propia.

Doña Rosa pasa la mayor de su tiempo en casa al cuidado de sus hijos, pero para aportar a la economía de su hogar se dedica a la agricultura, siembra hortalizas para la venta y para el consumo de su casa, también cría borregos, vacas, cerdos y gallinas.

El dinero de su crédito va ha invertir en la compra de cerdos, gallinas, alimento para animales y semillas.

Su meta es tener un galpón más grande para criar sus pollos.

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
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $23,225,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Paccha (Nabón) Group's $4,175 loan helped a member to buy pigs, chickens, feed and seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2013
Listed
Jul 10, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014