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Unión Hace La Fuerza  (Calceta) Group
In this Group: Flor Marina, María Daniela, Erika Tatiana, Gabriela Elizabeth, Santa Esther, Nancy Dolores, María Mercedes, Ramón Moises, María Auxiliadora, Elisito Abdon, Angela Yessenia, Pabla Katerine
The Communal Bank “Unión Hace La Fuerza” (Strength In Numbers) meets every 15 days in the beautiful city of Calceta, which also goes by the name of “Calceta La Sin Par”. There is no other city in the world that is more beautiful because of the beauty of its women and its residents.

This group of 10 women and 2 men decided to join together and form this Communal Bank so that they could receive loans in hopes of improving their small businesses, which allows them to get ahead. They engage in different businesses that involve retail, services, selling food, and other activities.

One of the members of this group is Sra. Flor. She is 50 years old, in a common-law relationship, and has three children. Two of them are grown and the youngest is 10 years old and attends school. Her husband is a bricklayer.

Doña Flor sells clothing, bazaar items, and Yanbal products (beauty products, cosmetics, perfumes, and women’s accessories). She sells by going door to door, but she also has a small shop in her house where she sells her products. However, most of her sales are conducted by going door to door. Flor works every day, extending credit to her customers and collecting payments every weekend. She has been in this business for five years with the help of her husband. They have been able to forge ahead even though he occasionally is without work. Thanks to her business, she is able to put food on the table.

Flor’s loan will be used to buy clothing, cosmetics, bazaar items, and trinkets. This is her first loan cycle with the Communal Bank and she likes the fact that the loans are issued quickly. Her dream is to move forward with her Communal Bank and in her family life.
View original language description ↓
EL Banco Comunal Unión Hace La Fuerza 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 10 mujeres y 2 hombres que decidieron unirse y formar este Banco Comunal para recibir los créditos con los cuales esperan mejorar sus pequeños negocios con los cuales ellos salen adelante. 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 Flor, tiene 50 años de edad y mantiene una relación de unión libre de la cual tiene tres hijos, dos mayores de edad y el menor de 10 años que estudia en la escuela. El marido es albañil.

Doña Flor se dedica a la venta de ropa, artículos de bazar y productos de Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas), su forma de venta es puerta a puerta y también tiene un pequeño local en su casa en el cual vende sus productos, pero la mayor parte de sus ventas las realiza puerta a puerta. Trabaja todos los días, deja a crédito a sus clientes y cobra cada fin de semana. Lleva 5 años que se dedica a esta actividad con la cual le ayuda a su marido a salir adelante ya que él en ocasiones no tiene trabajo, pero gracias a su negocio no les falta el pan en su mesa.

Este crédito lo va emplear en comprar ropa, cosméticos, artículos de bazar y bisuterías. Este es su primer ciclo en el Banco Comunal y le gusta por la rapidez con que salen los créditos.

Su sueño es seguir adelante en el banco y su vida familiar.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,146,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Unión Hace La Fuerza (Calceta) Group's $6,800 loan helped a member to buy clothing, cosmetics, bazaar items, and trinkets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014