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Buscando El  Éxito  (Cuenca) Group
In this Group: Bertha Rufina, Nancy Yolanda, Alexandra Angelita, Gricelda María, Jessica Nataly, Rosa María, Bertha Rocio, Blanca Melania*, Mariuxi Alexandra, Natividad Mariana, Nancy Imelda, Carmen Piedad
* not pictured
The Buscando el Éxito (Searching for Success) communal bank is made up of 12 female members who live near the city of Cuenca, a city which is surrounded by a rugged terrain through which four rivers flow, and it is the birthplace of famous sportsmen and artists.

The members are women who work hard from day to day to get ahead in life with their families and their business, and their work gives them the opportunity to better themselves. Despite the difficulties that they may have every day, they always wear a smile and have their charisma. They still maintain the culture and traditions from their towns which they were taught by their parents.

One of the members of this group is Mariuxi, who is seeking her second loan together with her friends and neighbors from the Buscando el Éxito loan group. She likes this type of loans as all of her colleagues and friends are united. Mariuxi is 25 years old, she lives in a common-law partnership and has two children aged 8 and 6 as the fruit of this marriage. Her husband works as a private employee, and the home in which they live is their own.

Mariuxi has been working in a market in the city for the last year where she sells food, working from Sunday to Sunday in this business.
She will invest the money from this loan in the purchase of basic goods and dishes for her business. Her aim is to buy herself a vehicle.
View original language description ↓
El grupo de crédito Buscando el Éxito está formado por 12 socias quienes viven por el alrededor de la ciudad de Cuenca, esta ciudad se encuentra rodeada de una geografía accidentada, esta bañada por 4 ríos, es cuna de grandes deportistas y artistas. Las socias son mujeres quienes se esfuerzan el día a día para salir adelante con sus familias, sus negocios y su trabajo les da la oportunidad de superación, a pesar de las dificultades que pueden tener a diario siempre están con una sonrisa y un buen carisma, aun mantienen la cultura y tradiciones de sus pueblos las que les inculcaron sus padres
Una de las socias de este grupo es la Señora. Mariuxi, se encuentra en su segundo crédito que realiza a lado de sus amigas y vecinas del grupo de crédito Buscando el Éxito, le gusta esta forma de créditos ya que todas sus compañeras y amigas son unidas.
La Señora Mariuxi tiene 25 años, vive en unión libre y fruto de su unión conyugal ha concebido dos hijos de 8 y 6 años de edad, su esposo labora como empleado privado, la casa en la que viven es propia.
Doña Mariuxi labora en un mercado de la ciudad donde se dedica a la venta de comida desde hace un año, en este negocio labora de domingo a domingo.
El dinero de su crédito va a invertir en la compra de víveres y vajilla para su negocio. Su meta es comprarse un vehículo.

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
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Buscando El Éxito (Cuenca) Group's $6,475 loan helped a member to buy basic goods and dishes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014