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Loma De La Cruz  (Cuenca) Group
In this Group: Dalila Eufemia, Ines De Jesús, Ana Gabriela*, Libia Jesús, Trancito Etelvina, Karina Verónica, Marlene Maclovia, Blanca Alicia, Richard Josue, Carmen Pilar, Miguel Leonardo, Narcisa De Jesús
* not pictured
The "Loma de la Cruz" communal bank is composed of two males and ten females who lives around the city of Cuenca. This city is famous for it's colonial beauty and it's culture. It has four rivers running through it and was granted World Heritage Site status in December 1999. It's people are friendly and gentle. The members of the communal bank work hard every day to strengthen their household, always fighting for the well-being of their families.

Narcisa, one of these members, is requesting her first loan alongside her friends and associates of the "Loma de la Cruz" communal bank. She hopes to establish a strong friendship with all the members and continue with her work routine. She is 53 years old and the single mother of nine children. Three of her children are married and live independently. Two of her single children also live apart. Two others work and help with the household economy and the last two study at a secondary school in the city. They live in a rented house.

Narcisa works daily bringing in laundry to wash and also raises chickens at her house which allows her to pay her expenses. The money from the loan will be used to buy chicks and chicken feed.

Her dream is to have her own house. The three inserted photos are members of the group who could not be present when the group photo was taken.
View original language description ↓
El grupo de crédito Loma de la Cruz está formado por 2 socios y 10 socias quienes viven por los alrededores de la ciudad de Cuenca, esta ciudad es muy reconocida por la belleza colonial y su cultural, esta bañada por 4 ríos, siendo Patrimonio Cultural de la Humanidad desde Diciembre de 1999, su gente es amable, gentil. Las socias trabajan a diario para mejorar la estabilidad de sus hogares, siempre luchan por el bienestar de sus familias.
Una de las socias de este grupo es la Señora. Narcisa, se encuentra realizando su primer crédito a lado de sus amigas y compañeras del grupo de crédito Loma de la Cruz, espera poder establecer una muy buena amistad con todas las integrantes y salir de su rutina de trabajo.
La Señora. Narcisa tiene 53 años de edad, es madre soltera de 9 hijos, tres de sus hijos ya son casados y viven independientes, dos de sus hijos solteros viven independientes, dos trabajan y le ayudan económicamente y dos están estudiando en un colegio de la ciudad, la casa en la que vive es arrendada.
Doña Narcisa labora a diario lavando ropa ajena, también en su casa se dedica a la cría de pollos negocio el cual le permite solventar sus gastos.
El dinero de su crédito va a invertir en la compra de pollos y alimento para pollos. Su sueño es tener su casa propia.
Las fotos pequeñas son de tres integrantes del grupo que pudieron estar presentes cuando se tomo la foto grupal.

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
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Loma De La Cruz (Cuenca) Group's $4,875 loan helped a member to buy chickens and chicken feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014