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Las Vecinas  (Cuenca) Group
In this Group: Alcira Virginia De Fatina, Silvana Karol*, Susana Elizabeth, María Cristina, Jessica Fabiola*, María Laura, Sandy Cecilia, María Presentacion, Gladys Dioselina, Margarita De Jesús
* not pictured
The credit group "Las Vecinas" (The Neighbor women) is comprised of 10 members who are friends and neighbors. They live in different parts of the city of Cuenca, a cold climate area noted for its beautiful architecture. In December 1999, it was named part of the Cultural Heritage of Humanity, and its culture and traditions are still maintained by its people. The members are friendly people, kind and warm-hearted, who charm visitors. They are hard workers who work hard every day to improve their household economies and get their families ahead.

One of the members is Mrs. Margarita, age 51. She is divorced, but has three grown children from her marriage. Two are married and live independently, and her single son works and helps with the household expenses. They inherited the house they live in. Margarita runs a store. She works Sunday to Sunday without a fixed schedule. Her work is her passion. The money from the loan will be invested in the purchase of supplies for her store to expand her merchandise. Her goal is to expand her business.

The inset photo is of a member who could not be present when the group picture was taken.
View original language description ↓
El grupo de crédito Las Vecinas está formado por 10 socias quienes son amigas y vecinas, viven en diferentes lugares de la ciudad de Cuenca, este lugar que es de clima frió, por su gran belleza arquitectónica fue nombrada en Diciembre de 1999 como Patrimonio Cultural de la Humanidad, su cultura y tradiciones aun son mantenidas por su gente. Las socias son personas amables, gentiles de un corazón cálido el mismo que enamora a todos sus visitantes por su carisma, se caracterizan por ser trabajadores laborando arduamente cada día para mejorar la economía de sus hogares para sacar adelante a sus familias.
Una de las socias de este grupo es la Señora. Margarita tiene 51 años de edad, está divorciada pero en su unión conyugal ha concebido 3 hijos mayores de edad, dos de ellos son casados y viven independientes, su hijo soltero trabaja y ayuda con los gastos de la casa, la casa en la que vive es de herederos.
Doña Margarita se dedica a la atención de su tienda, trabaja de domingo a domingo sin un horario fijo, este trabajo es su pasión.
El dinero de su crédito va a invertir en la compra de víveres para su tienda y así aumentar su mercadería. Su meta es agrandar su negocio.
La foto pequeña es de una socia que no pudo estar presente cuando se tomo la foto del grupo.

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
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Vecinas (Cuenca) Group's $4,925 loan helped a member buy supplies for her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
Apr 21, 2014
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014