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Las Comadres  (Cuenca) Group
In this Group: Yanneth Dolores, Gladys Lorena, Yadira Catuska, María, Melba Lorena*, Flor Elvira, Allison Samantha, Daisy Daniela, Patricia Katiuska*, María Augusta, Martha Beatriz
* not pictured
The credit group known as “Las Comadres” (The Godmothers) consists of 11 women who are friends and neighbors. They live in the city of Cuenca. This city experiences cold weather and has several tourist attractions where people can enjoy its natural beauty as well as its history. Cuenca was named a World Heritage Site in December 1999. Just like its people, the members of this group are kind and gentle individuals who have maintained their culture and traditions. Their common goal is to excel on a personal level and to help their families get ahead.

One of the members of this group is Sra. Gladys. She is participating in her third loan along with her friends and fellow group members of “Las Comadres”. Gladys likes this form of credit because she gets to meet with the other group members and establish a daily work routine with them.

Sra. Gladys is 33 years old, in a common-law relationship, and has three children (ages 11, 6, and 3). Her two oldest children attend a small school in the city. Her husband works for a private company. They do not own a home, so they live in a rental property.

Doña Gladys has managed her own business for eight years. She sells shoes as a street vendor. Gladys works Monday through Friday, but without a set schedule. Her work enables her to look after her family and still contribute to the household finances. The money from her loan will be invested in the purchase of shoes. Her goal is to have her own shop where she can sell her merchandise.
View original language description ↓
El grupo de crédito Las Comadres está formado por 11 mujeres quienes son amigas y vecinas, viven en la ciudad de Cuenca, esta ciudad goza de un clima frió y de muchos lugares turísticos tanto para disfrutar de la naturaleza como de su historia, es Patrimonio Cultural de la Humanidad desde Diciembre de 1999. Su gente al igual que las socias son personas amables y gentiles, que mantienen viva su cultura y tradiciones. Ellas tienen un objetivo en común que es la superación personal y familiar.

Una de las socias de este grupo es la Señora Gladys, está realizando su tercer crédito a lado de sus amigas y compañera del grupo de crédito Las Comadres, le gusta esta forma de créditos porque en cada reunión se encuentra con sus compañeras y salen de sus rutinas diarias de trabajo.

La Señora. Gladys tiene 33 años de edad, vive en unión libre y ha concebido 3 hijos de 11, 6 y 3 años, sus dos primeros hijos están estudiando en una escuelita de la ciudad. Su esposo labora como empleado privado, no tienen casa propia por lo que viven arrendando.

Doña Gladys desde hace 8 años tiene su propio negocio, ella se dedica a la venta ambulante de calzado, labora de lunes a viernes sin un horario fijo. Este trabajo le permite estar pendiente de su familia y aportar a la economía de su hogar.

El dinero de su crédito va a invertir en la compra de calzado.

Su meta es tener su propio local para vender su mercadería.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Comadres (Cuenca) Group's $4,325 loan helped a member to buy shoes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 15, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014