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Entrada A Chunazana  (Nabón) Group
In this Group: Digna Yolanda, Martha Isabel, Blanca Licinda, Lidia Jaqueline, María Baleriana, María Rosa
The Entrada a Chunazana loan group is made up of six women who live in the area of Nabón Canton. The area enjoys a cold climate, extensive fields formed from the rugged geography, and a mix of colonial and modern architecture. The residents are friendly, kind, and above all hardworking, and they strive every day in their jobs to improve the financial stability of their households. They proudly preserve their customs and traditions.

One of the members of this group is María Rosa. She's getting her first loan along with her friends and colleagues who make up the Entrada a Chunazana group. She likes this type of loan because of the solidarity and closeness of all the members.

María Rosa, 53, is married and has five children who are married and live on their own. Her husband works as a day laborer. The house she lives in is her own.

María Rosa makes a living in agriculture and raising animals, in particular guinea pigs, laying hens, and chickens. She sells her animals in the city or in her community. This job gives her the opportunity to improve her household financial stability.

She's going to invest the money from the loan in chickens and guinea pigs. Her goal is to expand her business with better-quality animals.
View original language description ↓
El grupo de crédito Entrada a Chunazana está formado por 6 mujeres quienes viven por los alrededores del cantón de Nabón, este sector goza de un clima frió, de amplios campos que se forman por su geografía accidentada, su arquitectura es una mezcla de lo colonial y lo moderno. Su gente es amable, gentil y sobre todo muy trabajadora que siempre luchan día a día en sus trabajos para mejorar la estabilidad económica de sus hogares, sus costumbres y tradiciones las mantienen con orgullo.
Una de las socias de este grupo es la Señora. María Rosa, se encuentra realizando su primer crédito a lado de sus amigas y compañeras que conforman el grupo de crédito Entrada a Chunazana, le gusta esta forma de crédito por la solidaridad y unión de todas las socias.
Ella tiene 53 años de edad, está casada y ha concebido 5 hijos que son casados y viven independientes, su esposo labora como jornalero, la casa en la que vive es propia.
La Señora María Rosa se dedica a la agricultura y crianza de animales, en especial tiene cuyes, gallinas de postura y pollos, vende sus animales en la ciudad o en su comunidad, este trabajo le da la oportunidad de mejorar la estabilidad económica de su hogar.
El dinero de su crédito va a invertir en la compra de pollos y cuyes. Su meta es ampliar su negocio con animales de mejor calidad.

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
  • 66
    View loans »
    Ecuador Loans Fundraising
  • $23,499,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Entrada A Chunazana (Nabón) Group's $2,175 loan helped a member to buy chickens and guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 18, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014