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Jesus De Nazaret Group
In this Group: Soraida Floralba, Irma Esperanza, Mariela Emilse, Luz Anita, Antonio Armenio, Mariela , Mirna Vanessa
Soraida is a 37-year-old woman who has always lived in a village that is only reachable by canoe. This village was devastated by natural disasters and had to be relocated. It is a village whose people work in agriculture and selling lumber. Soraida lives with her two young children and her husband in a small house donated by the government. For the last four years, she has been selling sheets and perfume products. With this, her family has been able to get by, since her husband does not have a job.

This loan will be used to buy perfume and sheets on sale. With this, her business will have more merchandise in stock. It takes Soraida two days to buy sheets in Ibarra, seven hours from her village. Soraida's village doesn't have any health centers, and water doesn't run regularly. Students must go to nearby communities to attend school. Soraida sells her products on two weeks of credit, which is advantageous since it helps her earn more. This is Soraida's third loan, and she thinks it is great because it gives her the opportunity to expand her business.

Additional information:
Five people in this group will receive $1800 each, since this is their third loan cycle. There are also two group members who are just joining the group, and they will receive $500 each. They all live in the same community and have different businesses. In the photograph, the group leader is raising her hand.
View original language description ↓
SORAIDA. Es una mujer de 37 años, quien vive desde siempre en un pueblo al cual se llega en canoa. Este pueblo fue devastado por la naturaleza y reubicado. Es un pueblo donde su gente se dedica a la agricultura y venta de madera.
Soraida vive con sus dos pequeños hijos y su esposo. En una pequeña casa donada por el gobierno.
Desde hace más de 4 años. Soraida se dedica a la venta de sabanas y productos de perfumería. Con esto ha sobresalido con su familia ya que su esposo no tiene trabajo.
El presente crédito. Será utilizado en la compra de sabanas y perfumes que están en promoción.Con esto su negocio estará más abastecido de mercadería. Soraida ocupa 2 días para adquirir estas sabanas en Ibarra a 7 horas de su pueblo. El pueblo de Soraida no cuenta con centros de salud. El servicio de agua no es normal. Los estudiantes deben salir a comunidades cercanas para asistir a clases.
Las ventas de Soraida son a crédito por 2 semanas y es ventajoso porque obtiene mejores ingresos.
Para Soraida es la tercera vez que hace estos créditos y le parece genial. Porque le da la oportunidad de ampliar su negocio.

5 personas del grupo recibirán $1800,00 cada uno por ser el tercer crédito. Y 2 personas quienes se integran por primera vez reciben $500.00 cada una. Son habitantes de la misma comunidad y tienen negocios diferentes.
En la fotografía vemos al líder del grupo levantando su mano.

Additional Information

More information about this loan

This loan is part of FODEMI’s effort to reach vulnerable populations located along Ecuador’s frontier with Colombia. This region generally lacks access to financial services and is populated by many Colombian refugees seeking asylum from guerrilla warfare. This loan is designed to help these vulnerable populations improve their lives and set up sustainable businesses.

About FODEMI, a partner of World Vision International

FODEMI is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.

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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A portion of Jesus De Nazaret Group's $10,000 loan helped a member to travel to the city to buy merchandise wholesale, to better serve her isolated community.
39% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 16, 2014
May 1, 2014
Currency Exchange Loss: