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Rosas Rojas  (Paute) Group
In this Group: Blanca Azucena, Johanna Carolina, Olga Isabel, Fanny Fabiana, Julia Leonor, Zoila Virginia, María Dolores
The borrower group Rosas Rojas includes 7 women who live in the canton of Paute. This canton is privileged to enjoy a temporate climate, and fertile lands where the most beautiful flowers and a grand variety of fruits are harvested. Its rugged geography gives rise to lovely landscapes.

The group members are kind, gentle people who enjoy very good health, and always keep their good humor and a smile on their face. They work daily to improve the economic stability of their homes to provide a better future for their children.

One of the members is Fanny, who has been part of the group Rosas Rojas for three years. She likes this form of credit because it gives her the opportunity to establish stronger bonds of friendship with all of her group members while improving the conditions of her family. Fanny is 35 years old and is a single mother with a 6-year-old daughter who is studying in a school in the sector. She lives in her own house. Fanny raises guinea pigs and chickens and also performs fieldwork when called upon, and that happens about 2-3 days per week. She will invest the loan in the purchase of guinea pigs, chickens and animal feed. Her goal is to continue growing her business and provide a better future for her child.
View original language description ↓

El grupo de crédito Rosas Rojas esta formado por 7 mujeres que viven en el cantón de Paute, este cantón tiene un clima privilegiado por su clima templado, sus tierras son fértiles ya que se cosechan las más hermosas flores, existe una gran variedad de frutas y cuenta con paisajes hermosos por su geografía accidentada. Las socias son personas amables, gentiles que gozan de muy buena salud, siempre mantienen su buen humor y una sonrisa en su rostro, trabajan a diario para mejora la estabilidad económica de sus hogares para brindarles un mejor futuro a sus hijos.
Una de las socias de este grupo es la Señora. Fanny, se encuentra 3 años en el grupo de crédito Rosas Rojas, le gusta esta forma de créditos porque le dan la oportunidad de establecer mayores lasos de amistad con todas sus compañeras y a su vez salir adelante con su familia.
La Señora Fanny tiene 35 años de edad, es madre soltera de una niña de 6 años que está estudiando en una escuelita del sector, la casa en la que vive es propia.
Doña Fanny cría cuyes y pollos, también labora en tareas del campo solo cuando le llaman y eso es de 2 o 3 días a la semana.
El dinero de su crédito va a invertir en la compra de cuyes, pollos y alimento para animales. Su meta es continuar creciendo en el negocio y brindarles un mejor futuro a sus hijos.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Rosas Rojas (Paute) Group's $3,900 loan helped a member to buy guinea pigs, chickens and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014