Las Gaviotas (Cuenca) Group
Cuenca and it’s popular because of its great variety of typical dishes and for its thermal water swimming pools. Its residents are nice, kind and very hardworking. They work in various activities that make it possible for them to cover household expenses and to support their entire families. They still preserve their native traditions.
One of the group members is María Dolores, 47. She lives in a common law relationship and has had four children who are all married adults now living on their own. She cares for three grandchildren who are attending the local elementary school. Her husband works in agriculture and they own the house they live in.
María Dolores is a basket weaver, an activity she’s carried out since she was very young since she learned it from her parents. She sells her wares from market to market in the city. She also works raising pigs and guinea pigs to sell.
This is communal bank’s third loan and she will use it to buy guinea pigs, pigs and animal feed. Her dream is to travel to the United States.
Una de las socias de este grupo es la Señora. María Dolores, tiene 47 años de edad, vive en unión libre y ha concebido 4 hijos quienes son todos mayores de edad, están casados y viven independientes, ella está al cuidado de 3 nietos quienes estudian en una escuelita de la localidad. Su esposo labora en la agricultura, la casa en la que vive es de su propiedad.
Doña María Dolores se dedica a la elaboración de canastas, actividad que la desempeña desde muy joven ya que este trabajo lo aprendió de sus padres, sus productos los vende recorriendo los mercados de la ciudad. También se dedica a la cría y venta de cerdos y cuyes.
Este es el tercer crédito que realizan en el banco comunal y lo va a invertir en la compra de cuyes, cerdos y alimento para sus animales.
Su sueño es viajar a los Estados Unidos.
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.
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Success!! The loan was 100% repaid