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San Luis De Cumbe  (Cuenca) Group
In this Group: María Raquel, Julia Rebeca, María Josefa, Mario Gonzalo, Gladys Susana, Luis Alberto, Rosa Etelvina, Rosa Amalia, María Segunda, Segunda Mercedes
The San Luís credit group is composed of 8 female and 2 male members, who live around the Cumbe parish in Cuenca. This area has a cold climate, wide grasslands, and green countrysides which, combined with the rugged terrain, make for beautiful scenery. The local people, including the group members, are traditionalist and maintain the customs and traditions that their parents taught them. They work in animal husbandry, agriculture, and much of the population travels daily into the city to pursue different activities.

One of the members of this group is Señora María Segunda. She finds herself pursuing her second loan alongside her friends and companions from the San Luís de Cumbe credit group. She likes being a part of this group as everyone is very accomplished and supportive. Señora María Segunda is 49 years old, married, and through her conjugal union has 7 children. Five of them are married and live independently, one daughter lives at home to help with the household chores, and her youngest daughter is attending school in the city. Her husband works as a mason, and they own their home.

Doña María Segunda sometimes works as a day labourer, but her main income source is cattle breeding, through which she sells milk. She also raises pigs, guinea pigs, and chickens. What she gets from her agricultural work is for her household, but if there is a surplus, she sells it.

She will invest the money from this loan in the purchase of a calf and in feed for all of her animals. Her goal is to raise better quality livestock.
View original language description ↓
El grupo de crédito San Luís está formado por 8 socias y 2 socios quienes viven por los alrededores de la parroquia de Cumbe en Cuenca, lugar de clima frio, amplias praderas y verdes campos que mezclado con su geografía accidentada nos regalan hermosos paisajes. Su gente al igual que las socias es tradicionalista, conservan muy bien sus costumbres y tradiciones que sus padres les inculcaron, trabajan en la crianza de animales, agricultura y mucha de su población viaja a diario a la ciudad a ejercer diferentes actividades.

Una de las socias de este grupo es la Señora María Segunda, se encuentra realizando su segundo crédito a lado de sus amigas y compañeras del grupo de crédito San Luís de Cumbe, le gusta formar porte de este grupo ya que todas son muy cumplidas y solidarias.

La Señora María Segunda tiene 49 años de edad, es casada y fruto de su unión conyugal ha concebido 7 hijos, cinco de ellos son casados y viven independientes, una hija pasa en casa ayudándole a los quehaceres de su hogar y su última hija está estudiando en un colegio de la ciudad. Su esposo labora como albañil, la casa en la que viven es propia.

Doña María Segunda algunos días trabaja como jornalera, pero su principal ingreso es la crianza de ganado del cual vende la leche, también cría cerdos, cuyes, gallinas, lo que obtiene de su trabajo de la agricultura es para su hogar pero si existe un sobrante lo vende.

El dinero de su crédito va a invertir en la compra de un becerro y en alimento para todos sus animales.

Su meta es criar más animales y de mejor calidad.

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
  • $23,451,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of San Luis De Cumbe (Cuenca) Group's $5,050 loan helped a member to purchase a calf and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 25, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014