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Las Decididas  (Portoviejo) Group
In this Group: Yadira Monserrate , Kety Mallaly, Genessis Magdalena, Zoila Mariana, Narcisa Del Jesús, Rosa María, José Javier, Juana Elizabeth, María Alejandra, Darwin Reneth, Gloria Jacinta, Merly Monsaerrate
Every 2 weeks, the communal bank "Las Decididas" meets in the city of Portoviejo. It is a group made up of 10 women and 2 men that work in various fields so they can improve their quality of life. They work as entrepreneurs, in food sales, and in other jobs.

Narcisa is a member of this group. She is 48 years old and is in a free union in which she has 4 children. Three of them are grown and her youngest (13 years old) is in high school and still lives with her. Her husband works as a farmer.

Narcisa is a good mother and wife who helps her husband with the household bills with a small store that she set up in her house with what little she had. This is how they get by, since her husband makes very little as a farmer. She works every day from 6:00 am to 8:00 pm and sometimes even later. Her husband and son both help her with her work when they aren't busy. She has had her business for 12 years and because of it she has been able to put her children through school.

She will use this loan to further stock her store. She will buy rice, sugar, oil, detergents, cold cuts, and other basic goods. She has been with her communal bank since it started and she likes it because of the help that it provides her and the other group members.

Her goals are that she can continue running her business and that it can grow every day.

The small photo is of a group member that couldn't be there when the group picture was taken.
View original language description ↓
En la ciudad de Portoviejo cada quince días se reúne el Banco Comunal Las Decididas, este es un grupo formado por 10 mujeres y 2 hombres que se dedican a diversas actividades para mejorar su calidad de vida, se dedican al comercio, venta de comida entre otras actividades.

Una de las socias de este grupo es la señora Narcisa, tiene 48 años de edad y mantiene una relación de unión libre de la cual tiene cuatro hijos, tres de ellos son mayores de edad y el menor de 13 años que estudia en colegio y es el que aun vive con ella. El marido se dedica a la agricultura.

Doña Narcisa es una muy buena madre y esposa que para ayudarle a su esposo a solventar los gastos del hogar instaló en su casa una pequeña tienda con lo poco que tenia, es así como sale adelante ya que su esposo gana muy poco en sus faenas del campo, trabaja todos los días desde las 6am hasta las 8pm y a veces hasta más tarde, su hijo y su esposo le ayudan en su trabajo cuando están desocupados, tiene 12 años su negocio y gracias a esto ha podido educarles a sus hijos.

Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes, embutidos y otros productos de primera necesidad. Está desde el inicio en el Banco Comunal y le gusta por la ayuda que le dan a ella y al grupo.

Sus metas son seguir adelante en su negocio y que su tienda crezca cada día más.

La foto pequeña es de un socio que no pudo estar presente 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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 21
    View loans »
    Ecuador Loans Fundraising
  • $22,604,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Decididas (Portoviejo) Group's $6,575 loan helped a member buy rice, sugar, oil, detergent, cold cuts, and other basic goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 10, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014