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Bankito La Ramada  (Nabón) Group
In this Group: Celinda Marisol, Blanca Elvira, Vilma Maribel, Lidia Jaqueline, Digna Isabel, María Isabel, Digna Yolanda, María Yolanda, Margarita Clemencia, María Gladys, Martha Isabel, Flavia Domitila, Janeth Lucia, María Baleriana, María Ildefonsa, Julio Segundo, María Ercilia
The Nuevo Bankito La Ramada credit group is made up of 16 women and 1 man who live in a village in the canton of Nabón, a place with a cold climate. All the local residents still maintain the culture and traditions of their villages because these are a part of their identity. Most of them work in agriculture or animal breeding and many go to work in the city of Cuenca, returning home at night. One of the group's members is María, a cheerful member who has belonged to the Nuevo Bankito La Ramada credit group for 3 years. As a member of the group, she has been able to develop friendships with all the members and the loans she receives help her to run her small business. María is 33 and is married with 4 children, aged 7, 5 and 3 years and a baby who is just 7 months old. Her two elder children go to a local primary school. Her husband works as a labourer and they own their own home. María does the household chores and looks after the children but, to help her husband financially, she breeds livestock, pigs, chickens and guinea pigs which she sells when she needs something. She is going to use the loan to buy pigs and animal feed. Her goal is to have more animals of better quality.
View original language description ↓
El grupo de crédito Nuevo Bankito La Ramada está formado por 16 mujeres y 1 hombre quienes viven en una comunidad perteneciente al cantón Nabón, lugar de clima frió. Todas las personas del sector aun mantienen la cultura y tradiciones de sus pueblos, es su identidad, en su mayoría se dedica a la agricultura y crianza de animales, muchos laboran en la ciudad de Cuenca y por las noches se regresan a sus hogares.
Una de las socias de este grupo es la Señora. María, es una socia amable que se encuentra desde hace 3 años en el grupo de crédito Nuevo Bankito la Ramada, este grupo le ha permitido estrechar los lasos de amistad con cada una de las socias y los créditos le benefician en su pequeño negocio.
La Señora María tiene 33 años de edad, está casada y fruto de su unión conyugal ha concebido 4 hijos de 7, 5, 3 años y su ultimo hijo de apenas 7 meses de edad, sus dos primeros hijos se estudian en una escuelita de la localidad, su esposo labora como jornalero, la casa en la que viven es propia.
Doña María se dedica a las tareas de la casa y al cuidado de sus hijos, pero para ayudarle económicamente a su esposo cría ganado, cerdos, pollos y cuyes que los vende cuando tiene alguna necesidad. El dinero de su crédito va a invertir en la compra de cerdos y alimento para sus animales. Su meta es tener más animales y de mejor calidad.

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
  • 42
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Bankito La Ramada (Nabón) Group's $6,225 loan helped a member to buy pigs and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2014
Listed
Jun 15, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014