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Esperanza Y Futuro  (Calceta) Group
In this Group: Emelia Isabel, Flor María, Ketty Monserrate, María Fernanda, Carmen Leonor, Johnnya Esperanza, Leyda Vanessa, Francisco Fernando, María Jesus*, Paulina Beatriz, Enma Germania, Erika Lisseth, Jairo Roberto, María José
* not pictured
The Banco Comunal Esperanza y Futuro [Hope and Future Communal Bank] group meets every fifteen days in the beautiful city of Calceta, known by the name “Calceta, a city without equal” due to the beauty of its women and because, for those who live there, there is no city more beautiful in the entire world.

This is a group of people who, some time ago, decided to meet and form this communal bank that has served them well to improve their small businesses. The members work in a variety of jobs such as retail, the service industry, and the sale of meals, among others.

One of the group members is Erika, who is 23 years old. Since the age of 12 she has been in a common-law relationship with a man. Together they have four children, ages 10, 9, 6, and 5, all of whom are school students. Her husband is a shopkeeper.

Some time ago, Erika learned cosmetology in a local academy. With those skills she began to work giving haircuts and dyes, using a special technique. Because of this, she has many clients who seek her out in her home or who call her in to their homes to work. Thanks to the loans, she has been able to buy various tools that she needs to offer improved service, and thus has managed to improve her clientele for the good of her family.

This loan is to buy a curling iron, straightening iron, nail polish, and hair dye--useful tools for her business. She has been part of the Communal Bank since its beginning and she likes it because of the help it provides. Her dream is to own a great beauty salon.

The small photo is of three bank members who could not be present when they took the group photo.
View original language description ↓
EL Banco Comunal Esperanza Y Futuro que se reúne cada quince días en la hermosa ciudad de Calceta, ciudad conocida con el nombre de “Calceta la sin par”, por la belleza de sus mujeres y porque para sus habitantes no hay ciudad más hermosa en el mundo.

Este es un grupo de personas que decidieron unirse tiempo atrás y formar este Banco Comunal que les ha servido de mucho para mejorar sus pequeños negocios. Se dedican a diversas actividades tales como comercio, servicios, venta de comidas entre otras actividades.

Una de las socias de este grupo es la señora Erika, tiene 23 años de edad, desde los 12 años mantiene una relación de unión libre de la cual tiene 4 hijos de 10, 9, 6 y 5 años que estudian en escuela. El marido es comerciante.

Doña Erika desde hace muchos años atrás aprendió belleza en una academia de la localidad, con estos conocimientos ella empezó a realizar trabajos de tinturado y cortes de cabello, tinturados que ella sabe hacer de una forma muy especial, razón por lo cual ella tiene muchos clientes que la buscan en su casa o la llaman para que les vaya a realizar estos trabajos a domicilio. Gracias a los créditos ha podido comprar varias herramientas que necesita para brindar un mejor servicio y es así como ha logrado mejorar su clientela por el bien de su familia.
Este crédito es para comprar unas tenazas, una plancha de cabello, esmaltes y tintes materiales útiles para su trabajo. Esta desde el inicio en el Banco Comunal y le gusta por la ayuda que les brinda el banco.

Su sueño es tener un gran salón de belleza.

La foto pequeña es de tres socias que no pudieron estar presentes 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

  • $10,600
    Average annual income
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Esperanza Y Futuro (Calceta) Group's $6,725 loan helped a member to buy a curling iron, a hair straightener, dye, and nail polish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014