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Eugenio Espejo  (Cuenca) Group
In this Group: Yuri Marlene, Morenica Del Rocio, Jessica Imelda, Ruth Maribel, Ana Beatriz, María Soledad, Pablo Enrique*, Rosa Elena, Blanca Aida
* not pictured
The loan group "Eugenio Espejo" consists of 8 women and 1 man, who, thanks to their friendship, have formed this group. They work in various activities such as catalog sales of clothing and cosmetics, commerce, and other activities that allow them to improve the economies of their households. They are hard-working women, and in spite of the adversities that life presents them, they are always ready to give a smile. They live in different areas of the city of Cuenca. This city has a cold climate. It is known as the third most important city of the country economically. Since December 1999, it has been a Cultural Heritage of Humanity site. It has various places for enjoying nature.

One of the members of this group is Señora Blanca. She is a kind, gentle woman who works every day to improve the economic stability of her household. She likes her loan group "Eugenio Espejo" because of the unity that exists among all the members. They are always searching for a better future for family improvement, and she hopes to contribute to this beautiful group, since this is its first loan.

Señora Blanca is 44 years old. She is divorced, but from her marriage she has three children, ages 18, 15, and 9. Her oldest son works and helps her economically. Her second child, a daughter, is in school, and her youngest son attends a little school in the city. She doesn't have her own house, so she rents.

Doña Blanca has been selling food for a little while. She likes this business a lot, and little by little she is obtaining more customers. She also sells clothing. She works every day without a schedule. She is going to invest the money from her loan in the purchase of clothing and to expand her merchandise for her customers. Her dream is to have her own house.

The small photo is of two members who were not able to be present when the group photo was taken.
View original language description ↓
El grupo de crédito Eugenio Espejo está formado por 8 socias y 1 socio que gracias a su amistad han conformado este grupo, se dedican a laborar en diferentes actividades como son; venta por catalogo de ropa o cosméticos, comercio u otras actividades las que les permiten mejorar la economía de sus hogares, son mujeres luchadoras ya que a pesar de las adversidades que les presenta la vida siempre están dispuestas a regalar una sonrisa. Viven en diferentes lugares de la ciudad de Cuenca, esta ciudad tiene un clima frió, es conocida como la tercera ciudad de mayor importancia económica del país, es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad, tienen varios lugares para disfrutar de la naturaleza.
Una de las socias de este grupo es la Señora. Blanca, es una mujer amable, gentil que trabaja a diario para mejorar la estabilidad económica de su hogar, su grupo de crédito Eugenio Espejo le gusta por la unión que existe entre todas las socias, siempre se encuentran en la búsqueda de un mejor porvenir para la superación familiar y espera aportar en este hermoso grupo ya que es su primer crédito.
La Señora Blanca tiene 44 años de edad, está divorciada pero como fruto de su unión conyugal ha concebido 3 hijos de 18, 15 y 9 años, su primer hijo trabaja y le ayuda económicamente, su segunda hija estudia en el colegio y su ultimo hijo está en una escuelita de la ciudad, no tiene casa propia por lo que vive arrendando.
Doña Blanca hace poco tiempo se está dedicando a la venta de comida, esta actividad le gusta mucho y poco a poco está obteniendo más clientes, también se dedica a la venta de ropa, trabaja todos los días sin un horario. El dinero de su crédito va a invertir en la compra de ropa y ampliar su mercadería para sus clientes. Su sueño es tener su casa propia.
La foto pequeña es de dos socias que no pudieron estar presentes 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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Eugenio Espejo (Cuenca) Group's $5,500 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2014
Listed
May 22, 2014
Currency Exchange Loss:
N/A
Ended:
Nov 20, 2014