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Las 4 Ríos  (Cuenca) Group
In this Group: Ines Jacqueline, Digna Margarita, Mayra Alexandra, Mónica Johanna, Esperanza Del Rocio, Aida Alicia, Juan Sebastian, Tania Carolina, Franklin Mauricio, Brigida Diluvina
The loan group Las 4 Ríos is made up of eight women and two men who live in the parish of Sidcay in Cuenca, where the branch of traditional work is agriculture and ranching, which is only to be self-sufficient, reason enough for them to leave the city of Cuenca in search of other sources of work. The partners are kind and courteous people that have a common objective, which is to come out ahead with their families and to offer them better wellbeing.

One of the partners in this group is Señora Digna. She is a kind and collaborative woman that forms part of the loan group Las 4 Ríos. She has been a part of this group for eight years, time in which she has made friendships with all of her companions. The loans have allowed her to better herself in her businesses.

Sra. Digna is 52 years old and lives in a partnership. She has 11 children, six are married and live independently and her single children study at a high school in the city. Her husband works as a private employee, and she does not have her own home, therefore they live in the home of a relative. Doña Digna is dedicated to the chores of her home and in her free time carries out making cloth for cleaning. She has carried out this activity for three years, she also has a business in selling salchipapas (a fast food dish) which she has sold in her parish for 10 years.

She is going to invest the money from her new loan in the payment of secondary enrollment for her children and also for the purchase of cloth in order to carry out making cleaning cloths. Her dream is to have her own house.

The small photo is of two partners who could not be present when the photo was taken.
View original language description ↓
El grupo de crédito Las 4 Ríos está formada por 8 socias y 2 socios quienes viven por la parroquia de Sidcay en Cuenca, en donde la agricultura y ganadería es la rama de ocupación tradicional de sus habitantes; la que es solo para autoabastecerse, razón suficiente para que salgan a la ciudad de Cuenca en busca de otras fuentes de trabajo. Las socias son personas amables y gentiles que tienen un objetivo en común, el mismo que es salir adelante con sus familias y ofrecerles un mejor bienestar.
Una de las socias de este grupo es la Señora. Digna, es una socia amable y colaborativa que forma parte del grupo de crédito Las 4 Ríos, en este grupo se encuentra desde hace 8 años, tiempo en el que ha estrechado lasos de amistad con todas sus compañeras, y los créditos le han permitido superarse en sus negocios.
La Sra. Digna tiene 52 años de edad y vive en unión libre y a procreando 11 hijos, 6 hijos son casados y viven independientes, sus hijos solteros estudian en un colegio de la ciudad, su esposo trabaja como empleado privado, no tiene casa propia por lo que viven en casa de un familiar.
Doña Digna se dedica a los quehaceres de su hogar y en su tiempo libre realiza guaipe (tela para limpiar), esta actividad la realiza hace tres años, también tiene un su negocio de venta de salchipapas las que vende en su parroquia desde hace 10 años. El dinero de su nuevo crédito lo va a invertir en el pago de las matriculas del colegio de sus hijos y también para la compra de tela para realizar guaipe. Su sueño es tener su casa propia.
La foto pequeña es de una socia y un socio que no pudieron estar presentes cuando se tomo la foto
del grupo.

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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las 4 Ríos (Cuenca) Group's $4,175 loan helped a member to pay enrollment and to buy fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2014
Listed
Jul 10, 2014
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015