Check out some available loans that are similar to this one!
Trinidad  (Cuenca) Group
In this Group: María Carmen, Daniela Alexandra, María Transito, Luisa Esperanza, Teresa Rocio, Rosa Clementina, María Cruz
The "Trinidad" communal bank is made up of seven members who live around the Turi parish in Cuenca. This place is lush with vegetation and green meadows. It is known as the city viewpoint as, from its highest point, you can admire the beauty of the city of Cuenca. The people here in Turi are friendly and courteous, much like the members of the communal bank - they are also fighters, always working to improve financial stability in their lives and also help their families to prosper. The people of Turi are proud to keep up the culture and traditions that they were taught by their parents.

One member of this group is María Carmen, who has been with the communal bank for five years. During this time, loans have helped her to improve her financial stability and to get ahead with her family.

María Carmen is 37 years old. She is married and, with her husband, has four children - aged 19, 17, 15, and 12 years old respectively. The eldest is working and supports the household financially. The other three children are studying at one of the schools in the city. María Carmen's husband works as a builder. The couple owns the house they live in; they built it with a lot of sacrifice.

María Carmen spends most of her time at home, where she does household chores. She also works hard in the field as a farmer: she uses part of her harvest to feed her family, and the rest she sells. In addition María Carmen raises chickens, guinea pigs, and lambs. At the weekend, she works fixing houses.

This loan will be invested in buying chickens, guinea pigs, lambs, and in feed for the animals. María Carmen's goal is to finish her house as there are still a couple of small things to do. Her other goal is for her children to become professionals.

The small photo in the image is of a member who could not be present when the group photo was taken.
View original language description ↓
El banco comunal Trinidad está formado por 7 mujeres quienes viven por los alrededores de la parroquia de Turi en Cuenca, este lugar goza de mucha vegetación y verdes prados, es conocida como el mirador de la ciudad ya que desde lo más alto se puede admirar la belleza de la ciudad de Cuenca. Su gente es amable, gentil como las socias quienes son unas guerreras ya que siempre se encuentran en la lucha de mejorar su estabilidad económica y a la vez sacar adelante a sus familias, su orgullo es de mantener su cultura y tradiciones de sus padres que un día les inculcaron.
Una de las socias de este grupo es la Señora. María Carmen, se encuentra en el banco comunal Trinidad desde hace 5 años, tiempo en el que los créditos le han ayudado para mejorar su estabilidad económica y sacar adelante a su familia, también por la cordialidad de sus amigas.
La Señora María Carmen tiene 37 años de edad, está casada y en su unión conyugal ha concebido 4 hijos de 19, 17, 15 y 12 años de edad, su primer hijo trabaja y le ayuda económicamente, tres están estudiando en un colegio de la ciudad, su esposo labora como albañil, la casa en la que viven es propia construida con el sacrificio de los dos.
Doña María Carmen pasa la mayor parte de su tiempo en casa en donde se dedica a los quehaceres de su hogar, labora en la dura tarea del campo como es la agricultura y sus cosechas las vende y también utiliza para el consumo de su hogar, también cría pollos, cuyes y borregos, los fines de semana trabaja en el arreglo de casas.
El dinero de su crédito es para invertirlo en la compra de pollos, cuyes, borregos y alimento para animales. Su meta es terminar su casa ya que aun le hacen falta acabados y que sus hijos algún día lleguen a ser profesionales.
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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 32
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Trinidad (Cuenca) Group's $3,575 loan helped a member to buy chickens, guinea pigs, lambs, and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2013
Listed
Nov 7, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014