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Los Angeles  (Cuenca) Group
In this Group: Ruth Cecilia, Rosa Elvira*, Libia America, José Alexander, Pedro Pablo, Carmen Priscila, Pablo Cesar
* not pictured
The Los Ángeles loan group is formed by 4 female members and 3 male members who make a living from various businesses that are the source of income to get ahead with their families and to be able to give them a brighter future. They live in the downtown area of the city of Cuenca, which is bathed by four rivers and has great landscapes where one can enjoy nature. Its architecture is a mix of colonial and modern and its cuisine is quite varied, which captivates the palate of those who visit.

One of the members of this group is Carmen. She is receiving her second loan alongside her friends and companions from the Los Ángeles loan group. She likes this kind of loan because of the companionship, friendship and unity of the group, and also because of the educational lectures that they receive at each meeting.

Carmen is 23 years old, is married and has an 11-month-old son. Her husband has a workshop where he does iron work. They don't own their own house at the moment so they live in the house of a relative. Carmen stays at home to take care of her house and her son who is still small, but she is also studying Radiological Imaging and her studies are going very well. The money from the loan is to buy iron for her husband's business. Her goals are to finish her studies, to become a professional and to help her husband so that he grows in his business.
View original language description ↓
El grupo de crédito los Ángeles está formado por 4 socias y 3 socios quienes se dedican a diferentes negocios los cuales son la fuente de ingresos para salir adelante con sus familias y poderles entregar un mejor futuro. Viven por el centro de la ciudad de Cuenca, esta ciudad se encuentra bañada por 4 ríos, cuenta con grandes paisajes en donde se puede disfrutar de la naturaleza, su arquitectura es una mezcla de lo colonial y lo moderno, su gastronomía es muy variada la cual cautiva el paladar de quienes la visitan.

Una de las socias de este grupo es la Señora. Carmen, se encuentra realizando su segundo crédito a lado de sus amigas y compañeras del grupo de crédito Los Ángeles, le gusta esta forma de créditos por el compañerismo la amistad y la unión del grupo, también por las charlas educativas que reciben en cada reunión.

La Señora. Carmen tiene 23 años, es casada y ha concebido un hijo de 11 meses de nacido. Su esposo tiene una mecánica donde realizan herrerías, por el momento no tienen casa propia por lo que viven en una casa de un familiar.

Doña Carmen pasa en casa al cuidado de su hogar y de su hijo que aun esta pequeño, pero también está estudiando Imagen Radiológica y le va muy bien en sus estudios.

El dinero de su crédito es para comprar hierro para el negocio de su esposo.

Sus metas son culminar sus estudios, llegar a ser profesional y ayudarle a su esposo para que crezca en su negocio.

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.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Los Angeles (Cuenca) Group's $2,875 loan helped a member to buy iron.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014