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La Churonita  (Cuenca) Group
In this Group: Antonieta Del Rocio, Rosa Aurora, Leyi Norka, Juana Aidee, María Yamileth*, María Isabel, Isabel, Blanca Aurora, Mónica Alexandra, Florinda Amada
* not pictured
The loan group ‘La Churonita’ is made up of ten women who are neighbours and friends. They live on the outskirts of Cuenca, a city which is known for its beautiful architecture. The city is bathed in four rivers and its gastronomy is as captivating as the warmth of its people. The group members work in different areas, which give them the opportunity to improve their economic stability and bring up their children. The women still maintain the culture and traditions of their parents.

Blanca is one of the group members. She is taking out her first loan alongside her friends as a member of ‘La Churonita’. She is 37 years old and divorced, however she bore a son from her marriage who is now 16 and is studying at school. She does not have her own home so she lives in her brother’s house.

Blanca began her business only a short while ago, setting up a grocery store where she works from Monday to Saturday to no fixed hours.

Her loan will be invested in purchasing supplies to stock up her store. Her dream is to travel to Paris.
View original language description ↓
El grupo de crédito La Churonita está formado por 10 mujeres quienes son amigas y vecinas, viven por las afueras de la ciudad de Cuenca, esta ciudad que es conocida por la su belleza arquitectónica, se encuentra bañada por 4 ríos, su gastronomía es muy cautivadora al igual que el calor de su gente. Las socias laboran en diferentes actividades las mismas que le dan la oportunidad de mejorar su estabilidad económica y salir adelante con sus familias, son mujeres que aun mantienen la cultura y tradiciones de sus padres.

Una de las socias de este grupo es la Señora. Blanca, se encuentra realizando su primer crédito a lado de sus amigas y compañera del grupo de crédito La Churonita. Tiene 37 años, es divorciada pero en su unión conyugal ha concebido un hijo de 16 años que está estudiando en el colegio. No tiene casa propia por lo que vive en casa de un hermano.

Doña Blanca hace poco inicio su propio negocio, puso una tienda de abarrotes en la cual trabaja de lunes a sábados sin un horario fijo.

Su crédito lo va a invertir en la compra de víveres para implementar mas su local.

Su sueño es viajar a Paris.

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
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Churonita (Cuenca) Group's $5,375 loan helped a member to buy supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2013
Listed
Aug 4, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014