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Loma De La Cruz  (Cuenca) Group
In this Group: Dalila Eufemia, Ines De Jesús, Marlene Maclovia, Libia Jesús, Narcisa De Jesús, Karina Verónica, Delia Zenaida, Blanca Alicia*, Trancito Etelvina, Richard Josue*, Jacqueline Margarita, Ana Gabriela, Erika Tatiana, Andrea Patricia, Diana Yajaira*, Carmen Pilar, Miguel Leonardo
* not pictured
The Loma de la Cruz credit group was founded by 15 women and 2 men who live on the outskirts of the city of Cuenca. It is a city of unrivalled beauty which has been listed as a UNESCO World Heritage Site since 1999. The city's food pleases the palates of locals and visitors alike and its friendly and kindly inhabitants still keep alive local culture and traditions. The members of the group are women who strive on a daily basis to improve their families' stability and provide a better future for their children. One of the group's members is 41-year-old Jacqueline, who is married with 2 children, aged 19 and 17. Her older child works and helps her financially, whilst the younger one (a girl) goes to a secondary school in the city. Jacqueline's husband is a painter and they rent the house in which they live. Jacqueline has been in the business of selling clothing for 2 years. She works from Monday to Friday, but with no fixed hours, and sells her goods around the city's markets or directly to friends and acquaintances. She intends to use the money from the loan to buy clothing. It is her ambition to own her own shop.
View original language description ↓
El grupo de crédito Loma de la Cruz está formado por 15 mujeres y 2 hombres quienes vive por los alrededores de la ciudad de Cuenca, ciudad de una belleza sin igual que desde Diciembre de 1999 Patrimonio Cultural de la Humanidad, su gastronomía cautiva el paladar de propios y extraños, su gente es amable, gentil y aun mantienen la cultura y tradiciones de sus pueblos. Las socias son mujeres que luchan el día a día para mejorar la estabilidad de sus hogares para brindarles a sus hijos un mejor futuro.
Una de las socias de este grupo es la Señora Jacqueline tiene 41 años de edad, está casada y fruto de su unión conyugal ha concebido 2 hijos de 19 y 17 años, su primer hijo trabaja y le ayuda económicamente, su segunda hija está estudiando en un colegio de la ciudad, su esposo es pintor y la casa en la que viven es arrendada.
Doña Jacqueline es comerciante de ropa desde hace 2 años, trabaja de lunes a viernes sin un horario fijo, sus productos los vende recorriendo los mercados de la ciudad y también les vende a sus amigos y conocidos. El dinero de su crédito va ha invertir en la compra de ropa. Su meta es de tener su casa propia.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Loma De La Cruz (Cuenca) Group's $6,425 loan helped a member to buy clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2014
Listed
Apr 17, 2014
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014