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Santa Cruz  (Calceta) Group
In this Group: Natalia Fernanda, Betsy Annabel, María Fabricia, Luisa Alexandra, María Angelica, Betty Verónica, Paulo Ruben, María Luisa, Consuelo Elizabeth, Martina Sebastiana
The beautiful city of Calceta is also known by the nickname “Calceta Beyond Compare” because of the beauty of its women and because the residents believe that there is no other more beautiful city in the world. It is here that the Santa Cruz Communal Bank meets every 15 days.

This group consists of nine women and one man. They decided to join together and form this Communal Bank because they thought it would be very helpful in improving their small businesses. They engage in different activities that involve trade, services, selling food, and other forms of commerce.

Sra. Natalia lives in this place. She is 36 years old and in a common-law relationship. She has three children (ages 16, 15, and 9). The two older children are in high school and the youngest attends elementary school. Her husband is a merchant.

Natalia and her husband own a candy shop where every day they sell sweets and snacks of all types and flavors. They sell their products either in bulk or individually. They also have two employees who are paid a monthly salary for their work. Natalia and her husband have been in this business for 15 years and it has allowed them to get ahead. This business is a family tradition since her mother was also in the same line of work.

Her loan will be used to buy necessary ingredients for preparing sweets and snacks. This is her first loan with the Communal Bank and she likes how quickly it was approved. Her dreams include providing the best education for her children.
View original language description ↓
En la hermosa ciudad de Calceta, ciudad conocida con el nombre de “Calceta la sin par” por la belleza de sus mujeres y porque para sus habitantes no hay ciudad más hermosa en el mundo se reunirán cada quince días EL Grupo Crédito Santa Cruz.
Este es un grupo de 9 mujeres y 1 hombre que decidieron unirse y formar este Grupo Crédito que les va a servir de mucho para mejorar sus pequeños negocios. Se dedican a diversas actividades tales como comercio, servicios, venta de comidas entre otras actividades.
En este lugar vive la señora Natalia, tiene 36 años de edad y mantiene una relación de unión libre de la cual tiene 3 hijos de 16, 15 y 9 años, los dos mayores estudian en colegio y el menor en escuela. El marido es comerciante.
Ella junto al esposo tienen una dulcería donde día a día elaboran dulces y bocaditos de todas las formas y sabores los mismos que venden en su local ya sea al por mayor o al menudeo, con ellos también trabajan dos personas a quienes les pagan un sueldo mensual por su labor, ya son 15 años que tienen este negocio el cual les permite salir adelante, este negocio es una tradición familiar ya que su mamá también se dedica a esta misma actividad.
Este crédito es para comprar víveres necesarios para elaborar los duces y bocaditos, este es su primer ciclo en el Grupo De Crédito y le gusta por la rapidez con que le sdieron. Sus sueños son darles la mejor educación a sus hijos.

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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,467,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Santa Cruz (Calceta) Group's $5,650 loan helped a member to buy ingredients for making snacks and sweets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2014
Listed
Mar 21, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014