Libertad En Progreso (Cuenca) Group
One of the members of this group is María Esperanza. She has formed part of the communal bank Libertad en Progreso since 7 years ago. She is 36 years old, is married and in her marriage she has had 4 children of ages 19, 15, 6 and 4. Her first two children study in high school and the last two are in the region's primary school. Her husband is a painter and the house they live in is their own.
María Esperanza cares for her children and works on the farm. She raises and sells sheep, chickens and guinea pigs. She also works the land and what she farms is for the consumption of her family, and if there is extra she sells it. To have a higher income she cares for the livestock of others. All of these activities allow her to help her husband in the hard work of maintaining the home.
Her new loan will be invested in buying chickens, feed for her animals and seeds for her plants.
Her biggest goal is to improve her home.
Una de las socias de este grupo es la Señora. María Esperanza, forma parte del banco comunal Libertad en Progreso desde hace 7 años. Tiene 36 años, es casada y en su unión conyugal han concebido 4 hijos de 19, 15, 6 y 4 años de edad, sus dos primeros hijos estudian en el colegio y sus dos últimos hijos están en una escuelita del sector. Su esposo es de profesión pintor, la casa en la que viven es propia.
Doña María Esperanza cuida a sus hijos y se dedica a las tareas del campo, cría y vende borregos, pollos y cuyes, también cultiva sus terrenos y lo que cosecha es para el consumo de su casa y si existe un sobrante lo vende. Para tener un mayor ingreso también se dedica a cuidar el ganado de otras personas, todas estas actividades le permiten ayudar a su esposo en la dura tarea de mantener su hogar.
Su nuevo crédito lo va a invertir en la compra de pollos, alimento para sus animales y semillas para sus cultivos.
Su meta es mejorar su casa.
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