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Niño De Praga  (Cuenca) Group
In this Group: Gloria Beatriz, Nancy Lorena, Dolores Mercedes, Lucero Estefania, Alexandra Del Rocio, Norma Melida
Niño de Praga group is comprised of 6 women who live in the town of Cuenca, known for its architectural beauty which granted it a spot on the World Heritage list. Four rivers run through and around it, and the beautiful natural landscape boasts a lot of mountains. The members of the group are entrepreneurs who work very hard every day in order to improve their families' financial stability and give ther children a better future. They uphold the culture and traditions of their ancestors. Nancy, one of the members, is on her third loan together with her friends and comrades of the group. She likes this type of communal loans because of the sense of closeness to the other women, and because each meeting is the opportunity to discuss several topics and share past experiences. Nancy is 32 years old and a single mother of a child of 8 years, who goes to a school in the city. She does not have a house of her own and thus lives with her parents, with whom she shares household costs. Her parents do own their house. Nancy has been working at the canteen at a school for the past year and selling jewellery for two years. She sells her wares to her friends as well as door-to-door in the city. She will use the loan to buy more merchandise and make her business grow. Her goal is to learn a profession, which motivated her to start studying in order to become a preschool aide.
View original language description ↓
El grupo crédito Niño de Praga está conformado por 6 mujeres quienes viven en la ciudad de Cuenca, ciudad que es reconocida por su belleza arquitectónica, la misma que le dio el nombre de Patrimonio Cultural de la Humanidad, esta bañada por 4 ríos, su geografía es accidentada y cuenta con varios lugares para disfrutar de la naturaleza. Las socias son mujeres emprendedoras quienes trabajan muy duro cada día para mejorar la estabilidad económica de sus hogares y así ofrecerles a sus hijos y familias un mejor porvenir, aun mantienen la cultura y tradiciones de sus pueblos.
Una de las socias de este grupo es la Señora Nancy, se encuentra realizando su tercer crédito a lado de sus amigas y compañeras del grupo de crédito Niño de Praga, le gusta este tipo de crédito por la unión de todas sus amigas y porque en cada reunión tienen la oportunidad de conversar de muchos temas y comparten experiencias vividas.
La Señora Nancy tiene 32 años de edad, es madre soltera de un niño de 8 años que está estudiando en una escuelita de la ciudad, no tiene casa propia por lo que vive en casa de sus padres con quienes comparte los gastos de su hogar, la casa es propia.
Doña Nancy labora en la atención de un bar de una escuelita desde hace 1 año y desde hace 2 años se dedica a la venta de bisutería, este mercadería les vende a sus amigas y recorriendo la ciudad puerta a puerta.
El dinero de su crédito va a invertir en la compra de bisutería y así crecer más en este negocio. Su meta es ser una profesional ya que va a estudiar Parvulario.

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
  • 69
    View loans »
    Ecuador Loans Fundraising
  • $24,577,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Niño De Praga (Cuenca) Group's $3,425 loan helped a member to buy jewellery to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 10, 2014
Jan 31, 2014
Currency Exchange Loss:
Aug 17, 2014