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Ruth Cecilia

Update on Ruth Cecilia

Srta. Ruth is a member of the Communal Bank "Señoras de Taguan" (Ladies of Taguan). The members live in the community of San Bartolome in the canton of Sigsig, located Southeast of the Azuay Province. Its economy is based in agriculture, manufacturing and business, and the people still maintain the culture and traditions of their towns. The people are friendly and kind, fighting daily to improve their economy.

Srta. Ruth is 18 years old, single, is about to give birth to her first child, and lives with her mother who manages a bar. Her mother owns the house in which they live.

Ruth works at a clothing factory and she has been in this job for one year and also, at home she also raises chickens. She does these activities to improve her finances.

The money from her previous loan was invested to purchase chickens and food for her animals, her repayment period presented no issues. Her new loan will be used to purchase food for her chickens, to continue her business in raising chickens to continue in her chicken raising business.

She likes the communal bank because it is a very close group.
View original language description ↓
La Señorita. Ruth es socia del banco comunal Señoras del Taguan, vive por la comunidad de San Bartolome que pertenece al cantón Sígsig, ubicado al Sureste de la Provincia del Azuay, su económica se sustenta en la agricultura, la manufactura y comercio, su gente aun mantienen la cultura y tradiciones de sus pueblos, son personas amables y gentiles que luchan diariamente para mejorar su economía.

La Señorita Ruth tiene 18 años de edad, es soltera y está por dar a luz su primer hijo, vive con su madre quien tiene un bar, la casa en la que vive es de propiedad de su madre.

Ella se dedica a la costura, trabaja en una fábrica de ropa hace un año, también en su casa se dedica a la cría de pollos, estas actividades las realiza para mejorar su economía.

El dinero de su crédito anterior lo invirtió comprando pollos y el alimento para sus animales, en la cancelación del mismo no tuvo ningún problema. Su nuevo crédito lo va a utilizar para comprar comida para sus pollos para continuar con su negocio que es la cría de pollos.

La banca comunal le gusta porque su grupo es muy unido.

Previous Loan Details

Srta. Ruth is a member of the Communal Bank "Señoras de Taguan" (Ladies of Taguan). The members live on the outskirts of a parish in the canton of Sigsig. This place has lush vegetation and many sites to visit. The people raise animals, engage in agriculture, and also produce handicrafts, espe... More from Ruth Cecilia's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Ecuador

  • $10,600
    Average annual income
  • 73
    View loans »
    Ecuador Loans Fundraising
  • $25,580,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Ruth Cecilia to purchase chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 13, 2012
Aug 14, 2012
Currency Exchange Loss:
Feb 15, 2013