Check out some available loans that are similar to this one!
La Esquina  (Cuenca) Group
In this Group: Laura Alejandrina, Dolores Margarita, Sonia Alexandra, Rosario , Lorena Del Rocio, Rosa Etelvina*, Lourdes Gabriela, Victoria Margarita, Luis Geovanny, Dolores Concepcion, Hilda Yolanda*
* not pictured
The "La Esquina" Group communal bank is made up of ten women and one man. All of them are friendly, nice people who have their own goals and aims. But their common objective is to make their businesses more stable and to get ahead with their families. They live in the Sinincay area of Cuenca, a city also known as Santa Ana of the Four Rivers. It was declared a World Cultural Heritage site in December 1999, thanks to it's beautiful architecture. It has many places to enjoy nature. It's people are gentle and hard-working, who still preserve the culture and traditions of their villages.

Sonia has been a member of the "La Esquina" group for two years now. She is 31 years old, married and has four children from this union, 13, 12, 10 and 6 years old. The oldest does not study as he did not enter secondary school, the other three continue to study in the local school. Her husband works as a bricklayer. They live in their own house.

Sonia spends most of her time taking care of the house and family. But as the strong woman she is, she raises chickens and has cattle and sells the milk. She also farms and that produce is sold or consumed in their household. In her spare time she weaves Panama hats made out of straw, something she learned from her parents.

The money from the loan will be used to buy pigs and animal feed.

Her goal is to make her house bigger.
View original language description ↓
El grupo de crédito La Esquina está formado por 10 socias y 1 socio, todos son personas amables, gentiles que tienen metas y propósitos pero su objetivo en común es mejora la estabilidad de sus negocios y crecer para salir adelante con su familia. Viven por el sector de Sinincay en la ciudad de Cuenca, esta ciudad es conocida como la Santa Ana de los 4 ríos, es desde Diciembre de 1999, Patrimonio Cultural de la Humanidad gracias a su belleza arquitectónica, cuenta con muchos lugares para disfrutar de la naturaleza, su gente es muy trabajadora y aun mantienen la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Sonia, forma parte del grupo de crédito La Esquina desde hace 2 años. Tiene 31 años, es casada y en su unión conyugal ha concebido 4 hijos de 13, 12, 10 y 6 años, su primer hijo pasa en casa ya que no ingreso al colegio y sus tres hijos siguientes están estudiando en una escuelita de la localidad. Su esposo se dedica a laborar como albañil, la casa en la que viven es propia.

Doña Sonia pasa la mayor parte de su tiempo al cuidado de su casa y de su hogar, pero como es una mujer luchadora se dedica a la cría de pollos y tiene ganado del cual vende la leche, también se dedica a la agricultura y lo que cosecha es para la venta y para el consumo de su hogar. En su tiempo libre se dedica a tejer sombreros de paja toquilla que aprendió de sus padres.

El dinero de su crédito lo va a invertir en la compra de cerdos y en el alimento para sus animales.

Su meta es ampliar su casa.

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
  • 91
    View loans »
    Ecuador Loans Fundraising
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Esquina (Cuenca) Group's $5,725 loan helped a member to buy pigs and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2013
Listed
Aug 6, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014