Señoras De Taguan (Sigsig) Group
Update on Señoras De Taguan (Sigsig) GroupThe credit group “Señoras de Taguan” is made up of 8 working women who fight daily to improve the economic stability of their homes. They work at the jobs that their parents taught them from a young age, which are agriculture and animal husbandry, as well as the weaving of hats recognized worldwide. They live in the Sigsig district, a community that enjoys a lot of greenery; their fields are fertile and the hands of their people are very capable.
One of the members of this group is Señora Elvia. She lives in the San Bartolo neighborhood of the Sigsig district. She is 41 years old, is married, and from her marriage she has 5 children, ages 21, 19, 15, 13, and 11. Her oldest daughter is already married and lives independently; her second child works and is the one who helps her financially. Her next two children study in school, and her last child is in the small local school. Her husband works everyday as a day laborer. The house she lives in is her own.
Señora Elvia is a very hardworking and determined woman who is looking for a better future for her children and her entire family. She works weaving Panama hats, growing crops, and raising animals. These jobs allow her to be an economically independent person at the same time she is getting ahead with her family.
She invested her previous loan in the purchase of chickens and feed for her animals, from which she earned profits. It was a big help for her family. She is repeating the loan because she wants to buy Panama hat palm leaves to make her hats and chickens to increase her sources of income. She likes her credit group because of the unity, solidarity, and companionship that exists among all the members. At the same time, the loans give them the opportunity to grow a little more each day.
Her goal is to have more animals of a higher quality.
The small photo is of a member who couldn’t be present when the group photo was taken.
Una de las socias de este grupo es la Señora. Elvia, vive en la parroquia de San Bartolo del cantón Sigsig, tiene 41 años, es casada y fruto de su unión conyugal ha concebido 5 hijos de 21, 19, 15, 13 y 11 años de edad, su primera hija ya es casada y vive independiente, su segundo hijo trabaja y es quien le ayuda económicamente, sus dos hijos siguientes estudian en el colegio y su ultimo hijo está en una escuelita de la localidad. Su esposo labora a diario como jornalero, la casa en la que viven es propia.
La Señora Elvia es una mujer luchadora y muy trabajadora que busca un mejor porvenir para sus hijos y toda su familia, ella se dedica a tejer sombreros de paja toquilla, a la agricultura y criar animales, estos trabajos le permite ser una persona independiente económicamente al mismo tiempo que sale en adelante con su familia.
Su crédito anterior lo invirtió en la compra de pollos y alimento para sus animales, de los cuales obtuvo su ganancia y fue de mucha ayuda para su familia. Esta repitiendo el crédito ya que quiere comprar paja toquilla para la elaboración de sus sombreros y pollos para agrandar sus fuentes de ingresos. Su grupo de crédito le gusta por la unión, solidaridad y compañerismo que existe entre todas las socias, al mismo tiempo que los créditos le dan la oportunidad de crecer un poco más cada día.
Su meta es tener más animales y de mejor calidad.
La foto pequeña es de una socia que no pudo estar presente cuando se tomo la foto del grupo.
Previous Loan DetailsThe Communal Bank “Señoras de Taguan” (Ladies of Taguan) consists of eight women who engage in farm work, such as raising animals and growing crops. The youngest members work in the city, but their common goal is to help their families move forward and improve their economic stability. These… More from Señoras De Taguan (Sigsig) Group's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Aug 7, 2013
- Sep 4, 2013
- Currency Exchange Loss:
- Mar 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.