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El Batán  (Cuenca) Group
In this Group: Nancy Maricela, Ediltrudys Ceneida, Gladys Susana, Carmen Dolores, María Beatriz*, María Celia, Yordi Benedicto , María Belen, Karen Pamela, Esthela Del Carmen, Silvia Mercedes
* not pictured
The credit group El Batan is made up of 10 women and a man who work in a variety of jobs that allow them to help in their household economies. They are very determined people and always greet each day with a lot of optimism and a smile on their lips. They live in the city of Cuenca. This city has a cold climate and is known for its beautiful historical center, the 4 rivers that run through it, its food and its culture.

One of the members of this group is Silvia, 33 years old, who is a widow but in her marriage had 4 children, ages 15, 12, 8, and 6. Her oldest child is studying at the secondary school, three are in the primary school, and she lives in her own home.

Silvia is dedicated to the care of her children and on market days, she sells a great variety of clothing. The money from her loan will be invested in purchasing clothing to expand her business. Her goal is to have her own vehicle.
View original language description ↓
El grupo de crédito El Batan está formado por 10 mujeres y 1 hombre quienes laboran en diferentes actividades que les permite ayudar en la economía de sus hogares, son personas muy luchadoras y siempre ven cada día con mucho optimismo y una sonrisa en sus labios. Viven en la ciudad de Cuenca, esta ciudad es de clima frió, se caracteriza por el bello centro histórico, los 4 ríos que la bañan, su gastronomía y su cultura.
Una de las socias de este grupo es la Señora. Silvia, tiene 33 años de edad, es viuda pero en su unión conyugal ha concebido 4 hijos de 15, 12, 8 y 6 años de edad, su primer hijo estudia en el colegio y tres en la escuela, la casa en la que vive es propia.
La Señora. Silvia se dedica al cuidado de sus hijos y en los días de feria se dedica a la venta de una gran variedad de ropa. El dinero de su crédito va a invertir en la compra de ropa para ampliar su negocio. Su meta tener un vehículo propio.

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.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Batán (Cuenca) Group's $4,250 loan helped a member buy clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2014
Listed
May 23, 2014
Currency Exchange Loss:
N/A
Ended:
Nov 20, 2014