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Amigos Por Siempre Calle Chimborazo  (Montecristi) Group
In this Group: Ruth Elizabeth, Andreina Cecibel, Johanna Lissette, Jennifer Gissella, Jenny Verónica, Liliana Lourdes, Merida Nancy, Narcisa Natividad, Fabian Ignacio, José Luis*, Prissila Gabriela, María Cleofe
* not pictured
The communal bank "Amigos Por siempre Calle Chimborazo" meets every 15 days in Montecristi which is known for its rich pre-colonial culture and its handicrafts, renowned both nationally and internationally. It is also where the famous Panama hat is from.

The group is comprised of ten women and two men who are humble, hard-working people who decided to join together to help each other get ahead when they found out about the benefits offered by the institution. They are involved in different business activities such as crafts, commerce and other activities.

One of the members of the group is Narcisa who is 49 year old. Several years ago her husband passed away and of their six children, four are adults and two, ages 15 and ten, attend school. Three of the children still live at home.

Narcisa runs a grocery store at home and stocks many essential grocery products as well as bazaar and stationery goods. Her customers can find anything they are looking for at the store so they are very good and loyal; and she gives them the best customer service possible. Narcisa has been in business for ten years and used to share it with her husband when he was alive. Now it is her only source of income to provide for herself and her children.

This loan is to buy more groceries for her store. She has been involved with the communal bank for two loan cycles and likes the fact that the loans are very helpful to her. Her goal is to give the best she can to her children.
View original language description ↓
EL Banco Comunal Amigos Por siempre Calle Chimborazo se reúne cada quince días en Montecristi, conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

Este Banco Comunal está integrado por 10 mujeres y 2 hombres, este es un grupo personas muy humildes y trabajadoras que al enterarse de los beneficios que les brinda la institución decidieron unirse y formar este grupo el cual les ha ayudado mucho para salir adelante. Se dedican a diversas actividades tales como la artesanía, comercio en general, entre otras actividades.

Una de las socias de este grupo es la señora Narcisa y tiene 49 años, hace varios años su esposo falleció pero de esa relación tiene 6 hijos, 4 de ellos mayores de edad y dos de 15 y 10 años que estudian en colegio y escuela, tres de ellos aun viven con ella.

Doña Narcisa tiene una tienda de víveres en su casa, es bien surtida con muchos productos de primera necesidad y productos de bazar y papelería, en su negocio sus clientes encuentran de todo razón por lo cual su clientela es muy buena y fiable y ella por su parte les brinda el mejor servicio. Lleva en el negocio más de 10 años negocio que compartía con su querido esposo cuando él estaba vivo y que ahora es la única fuente de ingresos que ella tiene para sacar adelante a sus hijos y a ella misma.

Este crédito es para comprar víveres para surtir su tienda. Lleva de 2 ciclos en el Banco Comunal y le gusta la ayuda que le dan los créditos.

Su sueño es darles lo mejor a sus hijos.

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
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Amigos Por Siempre Calle Chimborazo (Montecristi) Group's $6,100 loan helped a member to buy groceries.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013