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Eugenio Espejo  (Cuenca) Group
In this Group: Agueda Olivia, Rosa Elena, Ruth Maribel*, Ana Beatriz, Morenica Del Rosario, Yuri Marlene
* not pictured
The Eugenio Espejo communal bank is made up of 6 women who live in the vicinity of the city of Cuenca. This city is made up of hilly geography, which gives it wonderful landscapes. It has four rivers; its historic center was named a World Heritage Site in December 1999.

The members are friendly, gentle women who have great charisma and still maintain the culture and traditions of their people. The cuisine of this sector is very captivating for those who visit.

One of the members of this group is Yuri, who is taking out her first loan alongside her friends and colleagues of the Eugenio Espejo communal bank. She likes her loan group because they are all friendly and they always help in any circumstance.

Yuri, 26, is married and does not have children yet. Her husband works as a private employee. The house they live in is rented. Yuri has been making her living running a child care service out of her house for the last year and a half. She works from Monday to Friday all day or until the mothers pick up their children.

She is going to invest her loan in the purchase of teaching materials for the children and therefore teach them to develop their intelligence and motor skills. Her goal is to have a restaurant since she likes to cook a lot.

The small photo is of a member who could not be present when the group photo was taken.
View original language description ↓
El grupo de crédito Eugenio Espejo está formado por 6 mujeres quienes viven en los alrededores de la ciudad de Cuenca esta ciudad está formada por una geografía accidentada, la cual le regala grandes paisajes, esta bañada por 4 ríos, su centro histórico fue nombrado desde Diciembre de 1999 Patrimonio Cultural de la Humanidad. Las socias son mujeres amables, gentiles que gozan de un gran carisma, aun mantienen la cultura y tradiciones de sus pueblos, la gastronomía de este sector es muy cautivadora para quienes la visitan.
Una de las socias de este grupo es la Señora. Yuri, está realizando su primer crédito a lado de sus amigas y compañeras del grupo de crédito Eugenio Espejo, le gusta su grupo de crédito porque todas son amables y siempre se ayudan en cualquier circunstancia.
Doña Yuri tiene 26 años de edad, está casada y aun no tiene hijos, su esposo labora como empleado privado, la casa en la que vive es arrendada.
La Señora Yuri desde hace un año y medio se dedica al cuidado de niños en su casa, trabaja de lunes a viernes todo el día o hasta que sus madres los recojan.
Su crédito va a invertir en la compra de material didáctico para los niños y así enseñarles a desarrollar su inteligente y su motricidad. Su meta es tener un restaurante ya que también le gusta mucho la cocina.
La foto pequeña es de una socia que no pudo estar presente cuando se tomola 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.

About Ecuador

  • $10,200
    Average annual income
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $23,469,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Eugenio Espejo (Cuenca) Group's $3,925 loan helped a member to buy teaching materials.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014