Check out some available loans that are similar to this one!
Virgen De Lourdes  (Jipijapa) Group
In this Group: Quendy Holanda, Antonieta Elsa, María Rossana, Patricia Maricela, Karina Alexandra, Icelita Sonia*, Shirley Irene, Gloria Azucena, Mayra Dolores, Justina Yolanda, Consuelo Karina
* not pictured
The communal bank Virgen De Lourdes comprises eleven women who meet biweekly in the canton of Jipijapa, which is very well-known for its vast coffee plantations. The coffee from this region has an incomparable taste. The region is also known for its cuisine and the warmth of its people, who work in different fields like agriculture and trade in general.

Karina Consuelo is one of the members of this group. She is 31 years old and lives in a common-law marriage. She and her partner have three children, who are ages eleven, five, and three. The two older ones are in school. Her husband is a farmer.

Karina Consuelo is a very good wife and mother who is requesting this loan in order to help her husband with his work. They grow corn, peanuts, and some vegetables. They are currently harvesting their corn and will use this loan to hire help from laborers. This will allow them to store the corn for a few months before selling it for a better price, since current prices are very low and selling now would result in great losses. That is why this loan will allow them to store it and eventually sell it at a reasonable price that will report a profit for their family's wellbeing.

This loan will be used to pay for labor during the corn harvest. She has belonged to the communal bank from the beginning and enjoys it because of the help she receives from the bank. Her dream is to see her children finish school and become upstanding people.

The small picture depicts a member who was not able to be present when the group photo was taken.
View original language description ↓
EL Banco Comunal Virgen De Lourdes está formado por 11 señoras que se reúne cada quince días en el Cantón Jipijapa, cantón conocido con el nombre de la sultana del café por los extensos cultivos de café el cual tiene un sabor incomparable, por su gastronomía y por la calidez de su gente, ellos se dedican a varias actividades entre ellas la agricultura, y el comercio en general.
Una de las socias de este grupo es la señora Karina Consuelo, tiene 31 años de edad y mantiene una relación de unión libre de la cual tiene tres hijos de 11, 5 y 3 años de edad, los dos mayores estudian en colegio y escuela. El marido es agricultor.
Doña Karina Consuelo es una muy buena madre y esposa que realiza el crédito para ayudarle a su marido en su labor, él tienen cultivos de maíz, maní y ciertas verduras, en la actualidad están en la época de recolección del maíz y el crédito lo van a emplear para pagar la mano de obra de dicha actividad y con esto poder guardar el maíz unos cuantos meses y luego venderlos a mejor precio ya que el precio que le pagan actualmente es muy bajo y al venderlo así tendría muchas pérdidas, es por eso que el crédito les permite guardarlo y luego si vender a un precio razonable que le permita tener ganancias por el bienestar de su familia.
Este crédito es para pago de mano de obra en la recolección del maíz, esta desde el inicio en el Banco Comunal y le gusta por la ayuda que recibe del banco. Sus sueños son ver que sus hijos terminen sus estudios y sean personas de bien.
La foto pequeña es de una socia 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.

About Ecuador

  • $10,600
    Average annual income
  • 90
    View loans »
    Ecuador Loans Fundraising
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Virgen De Lourdes (Jipijapa) Group's $4,400 loan helped a member to pay for labor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2013
Listed
Oct 28, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014