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Camino A La Esperanza  (Cuenca) Group
In this Group: María Dolores, Sara Magdalena, María Luzmila, Dolores De Jesús, Rosa Elvira, Verónica Lourdes, Angelita Rosario
The communal bank “Camino a la Esperanza” [“Path to Hope”] is made up of seven women who live in and around the parish of Santa Ana in Cuenca, which is known for its lush vegetation, green fields of crops, and its mix of old and modern architecture. The members work in agriculture and raising animals, and some work in the city in various jobs. The members are always looking out for their families’ wellbeing, and they want their children to have better employment opportunities and to better themselves.

Dolores de Jesús has been a member of this group for seven years now. She likes the group because all of the members are friends and support each other, and because each loan allows her to improve and grow her business. Dolores de Jesús is 55 years old. She is a single mother with two children, ages 16 and 13, who study at a school in the city. The house in which they live is their own. Dolores de Jesús works raising animals, such as pigs, chickens and cows. She makes cheese from the milk from the cows. She also grows some crops, but only enough for use in her home. She is requesting this loan to buy pigs and feed for her animals. Her dream is to see her children become professionals.
View original language description ↓
El grupo de crédito Camino a la Esperanza está formado por 7 mujeres quienes viven por la parroquia de Santa Ana en Cuenca, lugar con exuberante vegetación, sus verdes campos son producto de la agricultura, la arquitectura del sector es una mezcla de lo antiguo y lo moderno. Las socias se dedican a la agricultura, crianza de animales y algunos laboran en la ciudad en diferentes actividades, pero siempre buscando el bienestar de sus familias ya que desean que sus hijos tengan mayores oportunidades de trabajo y se superen.
Una de las socias de este grupo es la Señora. Dolores de Jesús, se encuentra desde hace 7 años en el grupo de crédito Camino a la Esperanza, grupo que le gusta ya que todas sus compañeras son amigas y solidarias, cada crédito le permite mejorar y crecer en su actividad económica.
Ella tiene 55 años de edad, es madre soltera de 2 hijos de 16 y 13 años que estudian en un colegio de la ciudad, la casa en la que vive es propia.
Doña Dolores de Jesús se dedica a la crianza de animales, tiene cerdos, gallinas y ganado del cual obtiene la leche y con esta fábrica quesos, también se dedica a la agricultura que es solo para el consumo de su hogar.
Su crédito va a invertir en la compra de cerdos y alimento para sus animales. Su sueño es que sus hijos lleguen a ser profesionales.

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
  • 30
    View loans »
    Ecuador Loans Fundraising
  • $22,854,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Camino A La Esperanza (Cuenca) Group's $4,250 loan helped a member to buy pigs and feed for her animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 16, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014