Check out some available loans that are similar to this one!
Nuevo Bankito La Ramada  (Nabón) Group
In this Group: Margarita Clemencia, María Ildefonsa, Vilma Maribel , Blanca Elvia, Celinda Marisol, María Isabel, María Yolanda, María Gladys, Flavia Domitila, Janeth Lucia, Rosa Amelia, Carmen Alegria, María Ercila
The Nuevo Bankito la Ramada loan group is made up of 13 ladies who maintain their people’s culture and traditions and work as farmers and raise livestock. Many of them work in the city and always with the goal of improving their financial situation. They live in Nabon, which is a settlement with a cold climate, surrounded by lots of vegetation in a staggered landscape. It’s architecture is a mix of modern and antique.

Flavia is one of the members and she has been with the Nuevo Bankito la Ramada group for three years and the loans have helped her grow her business during all this time.

Flavia is 34 years old and the single mother of a set of two year old twins. She owns her home.

Flavia does traditional work in her area, which she learned from her parents. She raises chickens, Guinea pigs, pigs, and also farms. She sells her harvests in the community and in the city and enjoys working in this business that allows her to stay home and care for her little children.

She will use the money from this loan to buy compost, seeds, and feed for her animals. Her goal is to grow her business more.
View original language description ↓
El grupo de crédito Nuevo Bankito la Ramada está formado por 13 mujeres quienes aún guardan sus tradiciones y la cultura de sus pueblos, laboran en la agricultura, crianza de animales y muchos laboran en la ciudad, siempre con el afán de mejorar su situación económica. Viven en Nabon que es un cantón que tiene clima frió, se encuentra rodeado de mucha vegetación por su geografía accidentada, su arquitectura es una mezcla de lo antiguo y lo moderno.
Una de las socias de este grupo es la Señora. Flavia, forma parte desde hace 3 años del grupo de crédito Nuevo Bankito la Ramada, todo este tiempo los créditos le han beneficiado para crecer en su actividad económica.
La Señora Flavia tiene 34 años de edad, es madre soltera de 2 hijos quienes son gemelos y tienen 2 años de edad, la casa en la que vive es propia.
Doña Flavia se dedica a los trabajos tradicionales de su sector que lo aprendido de sus padres, cría gallinas, cuyes y cerdos, también se dedica a la agricultura y lo que cosecha lo vende en su comunidad y en la ciudad, le gusta trabajar en este negocio ya que pasa en casa y así cuida de sus pequeños hijos.
El dinero de su crédito va a invertir en la compra de abonos, semillas y alimento para sus animales. Su meta es crecer más en este negocio.

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

  • $10,600
    Average annual income
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nuevo Bankito La Ramada (Nabón) Group's $4,125 loan helped a member to buy seeds and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Dec 12, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014