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La Esquina  (Cuenca) Group
In this Group: Laura Alejandrina, Dolores Margarita, Sonia Alexandra, Rosario, Lorena Del Rocio, Lourdes Gabriela, María Dolores, Luis Geovanny, Mercedes Catalina*, Rosa Etelvina, Dolores Concepción
* not pictured
The loan group La Esquina (The Street Corner) is composed of 10 female and 1 male members who live in Sinincay Parish. This parish is located northeast of Cuenca canton. Its artisans specialize in producing marble, cloth, and bricks, while some women weave straw hats. The traditional parochial church is known for its architectural beauty. The colonial image of the Virgin of the Visitation that resides therein is the most important and much visited tourist attraction the parish offers.

One of the group's members is Mrs. Rosario, who is 58 years old, and married. The fruit of this union has been 8 children, two of whom are married and living independently, while one studies in the university and also works; two are in a city school, and three others work, providing economic aid. Her husband pursues the craft of masonry. The house they live in is their own.

Mrs. Rosario also works in the countryside, raising guinea pigs, chickens and cattle whose milk they sell. Also, she labors in agriculture, sowing vegetables, and she sells her harvest in the community or in the city. The money from the loan will be used to purchase a milk cow. Her goal is to expand her animal raising.

The two women in the small photos are two members who could not be present when the group photo was taken.
View original language description ↓
El grupo de crédito La Esquina está formado por 10 socias y 1 socio quienes viven por la Parroquia de Sinincay, esta parroquia se encuentra ubicada al noreste del cantón Cuenca, sus artesanos se especializan en la producción marmolera, la fabricación de tejas, ladrillos, y algunas mujeres se dedican a la elaboración de sombreros de paja toquilla. La iglesia parroquial tradicional por su belleza arquitectónica, la colonial imagen de la virgen de la Visitación que reposa en ella es el atractivo más importante que ofrece la parroquia, muy visitado por los turistas.
Una de las socias de este grupo es la Señora Rosario, tiene 58 años de edad, está casada y fruto de su unión conyugal ha concebido 8 hijos, dos de ellos están casados y viven independientes, uno estudia en la universidad y también trabaja, dos están en un colegio de la ciudad y tres hijos trabajan ayudan económicamente, su esposo labora en la arte de la albañilería, la casa en la que vive es propia.
Doña Rosario se dedica a las tareas del campo, cría cuyes, pollos y ganado del cual vende la leche, también se dedica a la agricultura, siembra hortalizas y su cosecha la vende en su comunidad o en la ciudad. El dinero de su crédito es para la compra de una vaca lechera. Su meta es de crecer en la crianza de animales.
Las dos fotos pequeñas son de dos socias 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.

Tags

About Ecuador

  • $10,200
    Average annual income
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Esquina (Cuenca) Group's $4,350 loan helped a member buy a milk cow.Comprar una vaca lechera.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2014
Listed
Jul 20, 2014
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015