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Sentimientos  (Cuenca) Group
In this Group: Narcisa De Jesús, Lorena Del Carmen, Daniela Cecilia, Tatiana Del Cisne, Wilson Fernando, Elicet Estefania, Julio Anibal*, Rosa Margarita
* not pictured
This group is called “Sentimientos” [Feelings] and is composed of six women and two men. They all live in Cuenca, a city surrounded by vegetation and with great landscapes due to its rough geography. There are four rivers flowing through it, and it was declared World Cultural Heritage Site in December 1999. Its people are kind and courteous and work every day with different activities through which they have the opportunity to improve their economic situation. Every new day is a new opportunity to grow and improve. They keep alive the culture and traditions of their ancestors.

One of the members of this group is Rosa. This is her third loan together with her friends who are also members of this group. She likes this type of credit because she has the opportunity to strengthen her friendship with the rest of the members and to have a chat, since they are normally busy with work and cannot meet. Rosa is 39, married and has two children who are 12 and 7. Her first son goes to upper school, the youngest, to elementary school. Her husband is a mechanic. They live in a rented house.

Rosa is a stay-at-home mom. However, she contributes to the household’s economy by selling cosmetics from different brands, every day and at any time if it is needed. She also weaves sweaters and purses and sells them to the same customers that buy cosmetics. She had talent for business and learned by doing.

With this loan she will buy threads and cosmetic products that are on sale. Her goal is to have her own establishment.

Two members could not be there when the picture was taken, so their pictures were added afterwards.
View original language description ↓
El grupo de crédito Sentimientos está formado por 6 socias y 2 socios quienes viven por la ciudad de Cuenca, esta ciudad se encuentra rodeada de vegetación, cuenta con grandes paisajes gracias a su geografía accidentada, esta bañada por 4 ríos, es desde Diciembre de 1999 Patrimonio cultural de la Humanidad. Su gente es amable y gentil quienes trabajan a diario en diferentes fuetes de trabajos las mismas que le dan la oportunidad de mejorar su estabilidad económica, cada día es una oportunidad para crecer y mejorar, aún mantienen la cultura y tradiciones de sus pueblos.
Una de las socias de este grupo es la Señora. Rosa, se encuentra en su tercer crédito que realiza en compañía de sus amigas y compañeras del grupo de crédito Sentimientos, le gusta mucho esta forma de créditos ya que le dan la oportunidad de estrechar su amistad con las compañeras y platicar ya que muchas veces por el trabajo no se ven.
La Señora. Rosa tiene 39 años de edad, es casada y fruto de su unión conyugal ha concebido 2 hijos de 12 y 7 años de edad, su primer hijo está en el colegio y su último hijo en la escuela, su esposo labora como mecánico, no tienen casa propia por lo que vive arrendando.
Doña Rosa pasa en casa al cuidado de sus hijos, pero para aportar en la economía de su hogar se dedica a la venta de cosméticos de varias marcas, esto lo realiza todos los días y en cualquier momento que se le dé la oportunidad, también se dedica a realizar tejidos como chompas, carteras que las vende muchas veces a sus clientes de los cosméticos, esta actividad la aprendió por habilidad.
El dinero de su crédito va a invertir en la compra de hilos y cosméticos de oferta. Su meta es tener su propia tienda.
Las dos fotos pequeñas son de dos socias que no pudieron estar presentes 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

  • $10,200
    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 Sentimientos (Cuenca) Group's $4,450 loan helped a member to buy cosmetics and threads.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014