Check out some available loans that are similar to this one!
Las Gaviotas  (Cuenca) Group
In this Group: Blanca, María Dolores, Karina Elizabeth, María Delia, Zoila Mercedes, Silvana Del Carmen *, Hilda Lucia, Silvia Patricia, Fredi Oswaldo, María Lourdes, Jessica Maribel
* not pictured
Las Gaviotas communal bank comprises 10 women and one man, who work at various jobs that let them pay their household expenses. They are friendly, polite people who maintain their communities' culture and traditions. They live in Baños parish in Cuenca. The parish is known for its thermal waters, entertainment centers, and diverse foods.

Silvia, one of the members, is in her second loan cycle with the Las Gaviotas communal bank. She likes this type of funding because it allows them to grow their businesses. Silvia is 23 and married. She has two children, ages 6 and 1, from the marriage. Her oldest child attends a small local school. Her husband installs floating flooring. They live in a relative's house. Silvia spends most of her time taking care of her children, but she raises chickens, guinea pigs, and pigs to help her husband with the household expenses. She will use the loan to buy chickens and feed. Her goal is to have a bigger chicken pen.
View original language description ↓
El grupo de crédito Las Gaviotas está formado por 10 socias y 1 socio quienes laboran en diferentes actividades las mismas que le permiten solventar los gastos de sus hogares, todas son amables, gentiles y aún mantienen la cultura y tradiciones de sus pueblos. Viven por la parroquia de Baños en Cuenca, esta parroquia es reconocida por sus aguas termales y por sus centros de diversión, su gastronomía que es muy variada.
Una de las socias de este grupo es la Señora Silvia, este en su segundo crédito que realiza a lado de sus amigas y compañeras del grupo de crédito Las Gaviotas, le gusta este tipo de crédito porque les ayuda a crecer en sus negocios.
La Señora. Silvia tiene 23 años de edad, está casada y en su unión conyugal ha concebido 2 hijos de 6 y 1 año de edad, su primer hijo esta estudian en una escuelita de la ciudad, su esposo se dedica a la instalación de piso flotante, la casa en la que viven es de un familiar. Doña Silvia pasa la mayor parte del tiempo al cuidado de sus hijos, pero para ayudarle a su esposo con los gastos del hogar labora se dedica a la cría de pollos, cuyes y cerdos.
El dinero de su crédito va a invertir en la compra de pollos y en alimento para sus animales. Su meta es tener un galpón de pollos más grande.

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

  • $10,600
    Average annual income
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,292,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Gaviotas (Cuenca) Group's $6,550 loan helped a member to buy chickens and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014