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Poderosas  (Cuenca) Group
In this Group: Ximena Alexandra, Carmen Lourdes, Yessenia Estefania, Sonia Del Pilar, Zoila Huevenia, Zoila Aurora, María Aurora
The Poderosas (powerful women) loan group is made up of seven members who live in the city of Cuenca. The city is surrounded by four rivers, its historical center maintains the history of the city and it has been known for its cultural heritage of humanity since December of 1999. The people are friendly and charismatic, with big hearts. They are cordial with those they visit and its culture and traditions are still maintained. The people are hard-working, like the members who fight daily to improve financial stability and to support their families.

One of the members of this group is Carmen, who is 26 years old, lives with her partner and has a daughter who is a year and a half. She is very happy because she is pregnant with her second child. Her husband works as a street vendor, and they rent where they live because they do not have their own house.

Carmen works as a street vendor selling wallets and purses. She has been doing this job for two years and she works every day of the week with an irregular schedule. The money from her loan will be spent on purchasing wallets and purses to continue with the business. Her goal is to have her own home.
View original language description ↓
El grupo de crédito Poderosas está formado por 7 socias quienes viven por la ciudad de Cuenca, ciudad que se encuentra bañada por 4 ríos, su centro histórico guarda la historia de la ciudad, es Patrimonio Cultural de la Humanidad desde Diciembre de 1999. Su gente es amble, carismática y de gran corazón, es cordial con quienes los visitan, aun guardan su cultura y tradiciones, su gente es trabajadora como las socias que luchan a diario para mejorar su estabilidad económica y sacar adelante a sus familias.
Una de las socias de este grupo es la Señora. Carmen, tiene 26 años de edad, viven en unión libre y ha concebido una hija de un año y seis meses, está muy contenta porque está embarazada de su segundo hijo, su esposo se dedica al comercio ambulante, no tiene casa propia por lo que viven arrendando.
Doña Carmen se dedica a la venta ambulante de carteras y bolsos, en este negocio se encuentra desde hace 2 años y labora de domingo a domingo sin un horario fijo. El dinero de su crédito va a invertir en la compra de carteras y bolsos para continuar con el negocio. Su meta es tener su casa propia.

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
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Poderosas (Cuenca) Group's $2,900 loan helped a member to buy wallets and purses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2014
Listed
Jun 19, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014