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El Batán  (Cuenca) Group
In this Group: Gladys Susana, Ediltrudys Ceneida, Nube Rosario, Carmen Dolores, María Beatriz*, María Celia, Luis Antonio, Yordi Benedicto, Fernanda Jeanneth
* not pictured
The group El Batan is comprised of 7 women and 2 men that live near the center of the city of Cuenca, an area that is known for its chilly climate, its many athletes, poets, and craftsmen, and since December of 1999 has been considered the Cultural Heritage Center of Humanity. The people care for the culture and traditions taught to them by their ancestors. Each person shares the common goal of improving their economic situation and getting ahead.

One of the members of this group is named Carmen. She is seeking her second loan, along with her friends and group members. She likes belonging to this group because each member has the same objective, which is a dedication to helping their families get by.

Carmen is 42 years old and she is a single mother of 3 children that are 17, 11, and 2 years old. Her oldest son is studying in college. Her second child, a daughter, studies in the public school. They don't own their own home, but instead rent.

For many years Carmen has worked in cleaning. She works from Monday to Saturday, all day long. She also does laundry for extra income. These jobs help her support her family and household.

This loan will be used to buy chickens and chicken food. She wants to start raising chickens because her goal is to one day have her own business, such as a small grocery store.
View original language description ↓
El grupo de crédito El Batan está formado por 7 mujeres y 2 hombres quienes viven por el centro de la ciudad de Cuenca, lugar que goza de un clima frió, es cuna de grandes deportistas, poetas y artesanos, es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad. Su gente aun mantiene la cultura y tradiciones inculcadas por sus padres, todas las socias tiene una meta y objetivo en común la cual es mejorar su económica y superación familiar.
Una de las socias de este grupo es la Señora Carmen, está realizando su segundo crédito a lado de sus amigas y compañeras del grupo de crédito El Batan, le gusta este grupo debido a que todas tienen un mismo objetivo en común el cual es la dedicación por su familia para salir en adelante.
La Señora. Carmen tiene 42 años de edad, es madre soltera de 3 hijos de 17, 11 y 2 años de edad, su primer hijo está estudiando en el colegio, su segunda hija estudia en una escuelita de la localidad, no tienen casa propia por lo que viven arrendando.
Doña Carmen se dedica a laborar como auxiliar de limpieza desde hace algunos años, labora de lunes a sábados todo el día, también lava ropa ajena, estas actividades le permiten mejorar la estabilidad económica de su hogar.
Su crédito va a invertir en la compra de pollos y alimento para pollos para iniciar con esta actividad. Su meta es tener su propio negocio como una tienda de abarrotes.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,149,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Batán (Cuenca) Group's $3,450 loan helped a member to buy chickens and chicken food.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014