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Siempre Amigas  (Cuenca) Group
In this Group: Clemencia Beneranda, Rosa Esperanza, Luz Filomena, Rosa Florencia, Jael Cecilia, Ruth Alexandra, Luz Magdalena, María Encarnación, Carmen Aurora, Esther Galud, Elizabeth Cristina, María Florencia
The Siempre Amigas (Friends Forever) credit group is made up of 12 women who are known for being enterprising and tenacious. They are searching for a better future for their children. Their main sources of income are agriculture, trade, and raising animals. They are very kind people who still keep up their culture and the traditions of their people. They live in the El Valle parish, an area that enjoys a natural beauty thanks to its uneven terrain. It is full of green fields; its architecture is a blend of ancient and modern. Little by little, El Valle has been growing and therefore is an important parish in the city of Cuenca.

One of the group members is María. She is taking out her fourth loan along with her friends and fellow members of the Siempre Amigas credit group. In that time, she has strengthened the bonds of friendship with all of her group mates. They spend a portion of their time sharing and chatting about things that interest them.

María is 63 years old. She is separated, but she has eight children from her marriage. Five of them are married and live independently. Her two single children work in the family tailoring business. The house that she lives in is her own.

For twenty years, Doña María has raised animals. This job has let her pay for her children’s schooling and get them ahead. About ten years ago she also learned tailoring, and now this is a family business because she works with some of her children. This is going well for her, and she hopes to keep growing.

She is going to invest the money from this loan in the purchase of chickens and fabric to put to work in her two sources of income. Her goal is to grow her business until she can have a bigger shop.
View original language description ↓
El grupo de crédito Siempre Amigas está formado por 12 mujeres quienes se caracterizan por ser luchadoras y muy emprendedoras que buscan un mejor porvenir para sus hijos, su mayor fuente de ingresos son la crianza de animales, la agricultura y el comercio, son personas amables que aun mantienen la cultura y tradiciones de sus pueblos. Viven por la parroquia del Valle, este lugar goza de una belleza natural gracias a su geografía accidentada, cuenta con verdes campos, su arquitectura es una mezcla de lo antiguo y lo moderno, El Valle poco a poco ha ido creciendo y por ello es una parroquia importante de la ciudad de Cuenca.
Una de las socias de este grupo es la Señora. María, está realizando su cuarto crédito a lado de sus amigas y compañeras del grupo de crédito Siempre Amigas, en este tiempo ha mejorado sus lasos de amistad con todas sus compañeras, comparten un poco de su tiempo platicando de temas de su interés.
La Señora María tiene 63 años de edad, está separada pero en su unión conyugal ha concebido 8 hijos de los que 5 ya son casados y viven independientes, sus dos hijos solteros trabajan y se dedican al negocio de la familia el cual es la sastrería, la casa en la que vive es propia.
Doña María desde hace 20 años se dedica a la crianza de animales actividad que le permitido pagar el estudio a sus hijos y sacarles adelante, también desde hace 10 años aproximadamente aprendió la sastrería y ahora es un negocio familiar ya que trabaja con algunos de sus hijos, le va bien en esta actividad y espera seguir creciendo.
El dinero de su crédito va a invertir en la compra de pollos y telas para así implementar estas dos fuentes de ingresos. Su meta es crecer en su negocio hasta llegar a tener un taller 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
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Siempre Amigas (Cuenca) Group's $4,575 loan helped a member to buy chickens and fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2014
Listed
Jan 20, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014