Funded

Total loan: $4,300
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Yanaturo Alto ( Cuenca ) Group

Ecuador
Cuenca, Ecuador / Poultry

A loan of $4,300 helped a member purchase chickens/ medical checkup.


Yanaturo Alto ( Cuenca ) Group's story

The Yanaturo community bank is made up of 14 hardworking women who strive day to day to improve their economic situation. They live in Yanaturo, which is known for its beautiful scenery and where a large number of residents make a living weaving straw hats. A large portion of the population also seek opportunities in the city.

Rosario C. is a partner in the Yanaturo community bank, is 59, widowed 18 years ago, and has 5 children that are all married and live independently. Thanks to her work and effort she has been able to build a small home of her own. She has made a living raising chickens for the past 2 years as well as helping customers in the store she has had for 15 years. She works all day and in her off time she cultivates her own lands, which is for her own consumption. This is her first loan; she was invited by a friend and member of the community bank. Her loan will be invested in purchasing chickens as well as getting a medical check-up. Her goal is to keep growing her store business.

Maria B. has been in the community bank for 4 loan cycles; she was invited by a friend. She raises chickens, which she sells plucked or alive according to her customers' orders. She started the business with the first loan she took out. She is 22 years old and lives with her partner, which whom she has an 8-month-old daughter. Her husband works for a company that installs water and gas lines. They do not own their own home; they rent. She plans to use this loan to buy more chickens. Her goal is to own her own home.

In this group: Blanca Celestina, Zoila Targelia, Zoila Targelia, Cecilia Del Rocio, Jessica Janina, Maria Jose, Virginia Francisca, Rosario, Sylvia Dayana, Maria Soledad, Maria Angeles, Maria Mercedes, Rosa Elvira, Esperanza Del Pilar
*not pictured

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Loan details

Loan length:

8 months
Disbursed date: June 25, 2010
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: June 25, 2010
Facilitated by Field Partner: Fundación ESPOIR