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La Florida  (Cuenca) Group
In this Group: María Lastenia, María Angelita, Ruth Angelita*, Janneth Aracely, Ana Cristina, Carlos Santiago, María Yolanda, María Rosa
* not pictured
The credit group La Florida is made up of 7 female members and 1 male member who live in the city of Cuenca, a city known as Santa Ana of the 4 Rivers, and since December 1999 has been a Cultural Heritage Site. It has a rugged terrain and has many places to enjoy nature. Its people, like all of the members, still maintain the culture and traditions of the towns, and are friendly, kind and hard working.

One of the members of this group is a woman named Maria. She has formed a part of the credit group La Florida for the past two years, during which time she has even further strengthened ties of friendship. She likes this form of loans because the loans help her to grow her business and also to share great times with her friends in the group.

Señora María is 54 years old. She is a single mother with three older children who are married and live on their own. She doesn't have her own house, so she rents.

Doña María makes a living selling food, work that she does out of her house. She has been doing this work from Monday to Saturday for the last 6 years. The money from this loan is to buy tables and chairs. Her goal is to have her own house.
View original language description ↓
El grupo de crédito La Florida está formado por 7 socias y 1 socio que viven en la ciudad de Cuenca, siendo ciudad conocida como la Santa Ana de los 4 ríos, desde Diciembre de 1999 es Patrimonio Cultural de la Humanidad, tiene una geografía accidentada, cuenta con diferentes lugares para disfrutar de la naturaleza. Su gente al igual que todas las socias aun mantiene la cultura y tradiciones de sus pueblos, son personas amables, gentiles y trabajadoras.
Una de las socias de este grupo es la Señora. María, forma parte del grupo de crédito La Florida desde hace 2 años, tiempo en el que ha estrechado aun más sus lasos de amistad, le gusta esta forma de créditos porque los créditos le ayudan a crecer en el negocio y también comparte gratos momentos con sus amigas del grupo.
La Señora María tiene 54 años de edad, es madre soltera de 3 hijos mayores de edad que están casados y viven independientes, no tiene casa propia por lo que vive arrendando.
Doña María se dedica a la venta de comida actividad que la realiza desde su casa, se dedica a esta actividad de lunes a sábados desde hace 6 años. El dinero de su crédito es para comprar sillas y mesas. 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

  • $10,200
    Average annual income
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Florida (Cuenca) Group's $3,775 loan helped a member to buy chairs and tables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2014
Listed
Jul 1, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014