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Niño De Praga  (Cuenca) Group
In this Group: Rosy María, Gloria Beatriz, Nancy Lorena, Lucero Estefania, Dolores Mercedes, Alexandra Del Rocio, Tatiana Carolina
The “Niño de Praga” (Child of Prague) communal bank consists of seven enterprising women who have known each other for many years. They are great friends and work in various economic activities which provide them with the opportunity of helping at home and moving their families forward. They live in a beautiful sector of the city of Cuenca, a city that’s been a Cultural Heritage of Humanity since 1999 and that’s bathed by four rivers that give it a special magic; it has several tourist attractions, its climate is cold and its residents still retain the culture and tradition of its peoples.

One of the group members is Dolores who is in her second loan alongside her friends and fellow Niño de Praga group members. Dolores is 37-years-old, married and has conceived two children who are 14 and 7 years of age and attend secondary and primary school respectively. Her husband’s an industrial mechanic and works in his own shop; the house she lives in is hers.

Dolores is a very hardworking woman who works as a cleaning assistant and in her free time sells various brands of cosmetics via catalog. She likes these activities because they give her the opportunity of improving her home’s economic situation.

She will use her new loan to buy cosmetics on sale to grow this business. Her dream is to be debt-free.

The inserted photo is of a member who was unable to be present when the group photo was taken.
View original language description ↓
El grupo de crédito Niño de Praga está formado por 7 mujeres emprendedoras quienes se conocen desde hace muchos años, tienen una gran amistad y laboran en diferentes actividades económicas, las mismas que les dan la oportunidad de ayudar en su hogar y sacar adelante a sus familias. Viven por un hermoso sector de la ciudad de Cuenca, esta ciudad es desde 1999 Patrimonio Cultural de la Humanidad, esta bañada por 4 ríos los cuales le dan una magia especial, cuenta con varios sitios turísticos, es de clima frió y su gente aun mantienen la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Dolores, se encuentra realizando su segundo crédito a lado de sus amigas y compañeras del grupo de crédito Niño de Praga.

La Señora. Dolores tiene 37 años, es casada y fruto de su unión conyugal ha concebido 2 hijos de 14 y 7 años que estudian en el colegio y la escuela respectivamente. Su esposo es de profesión mecánico industrial el cual labora en su propio taller, la casa en la que viven es de propia.

Doña Dolores es una mujer muy trabajadora que se dedica a laborar como auxiliar de limpieza, en sus tiempos libres se dedica a la venta de cosméticos por catálogos de varias marcas, le gustan estas actividades porque le dan la oportunidad de mejorar la situación económica de su hogar.

Su nuevo crédito lo va a invertir en la compra de cosméticos de ofertas para crecer en este negocio.

Su sueño es no tener deudas.

La foto pequeña es de una socia que no pudo estar presente 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

  • $10,200
    Average annual income
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Niño De Praga (Cuenca) Group's $3,425 loan helped a member to buy cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014