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Los Angeles Del Floron 7  (Portoviejo) Group
In this Group: Bella Marisol, Flor Del Carmen, Ligia Elizabeth, Marlena Elizabeth, Erika Rocio, Cynthia Vanessa, Lady Monserrate, Erika Liseth, Juana Yolanda, Yesenia Dolores, Margarita Monserrate, Ethert Florcita
In an area known as El Florón in the city of Portoviejo, the members of the lending group Los Ángeles del Florón 7 meet every 15 days. They have various businesses like general commerce, agriculture, service provision and other things. This is their first loan, which they hope to use to propel their businesses forward and thus improve their quality of life, for the wellbeing of their families.

One of the members of the group is Flor, 48, who is married and has four children ages 24, 19, 18 and 17. The youngest is in high school, and three of them still live at home. Her husband works occasionally. Flor is a determined woman who likes to work to earn her own money and use that to support her family since her husband doesn't earn enough when he works. She works in a restaurant 4 days a week, earning a weekly salary, but her boss gives her the space to use to sell her own food on the other three days of the week, keeping the profits. She cooks breakfasts and lunches there. She has been doing this for 10 years in order to support her family.

This loan is to buy the provisions necessary to make the meals that she sells. This is her first cycle with the lending group and she likes it because her loan arrived quickly. Her dream for her children to be good people and become professionals.
View original language description ↓
En el sector conocido como El Florón en la ciudad de Portoviejo se reúnen cada quince días las socias del Grupo De Crédito Los Ángeles del Florón 7. Las mismas que se dedican a diversas actividades tales como el comercio en general, agricultura, prestación de servicios entre otras cosas. Para ellas este es el primer crédito con el cual esperan impulsar sus actividades y así mejorar su calidad de vida para el bienestar de sus familias.
Una de las socias de este grupo es la señora Flor, tiene 48 años de edad mantiene una relación de unión libre y de esta relación tiene cuatro hijos de 24, 19, 18 y 17 años, el menor estudia en colegio, 3 de ellos viven en su casa. Su marido trabaja eventualmente.
Doña Flor es una mujer muy luchadora que le gusta trabajar para ganar sus propios recursos y con esto sacar adelante a su familia ya que su marido no gana lo suficiente cuando trabaja, ella trabaja en un comedor cuatro días ganando un sueldo semanal, pero su jefa le da el local para que ella por su cuenta venda comida los tres días restantes de la semana y sus ganancias sean para ella, allí prepara desayunos y almuerzos, ya son 10 años que se dedica a esta actividad con la cual saca adelante a su familia.
Este crédito es para comprar víveres necesarios para la preparación de los alimentos que ella vende. Este es su primer ciclo en el Grupo De Crédito y le gusta por la rapidez con que le llego el crédito. Sus sueños son ver que sus hijos sean personas de bien y profesionales.

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.

About Ecuador

  • $10,600
    Average annual income
  • 76
    View loans »
    Ecuador Loans Fundraising
  • $25,604,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Los Angeles Del Floron 7 (Portoviejo) Group's $4,600 loan helped a member to buy ingredients to make meals.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 8, 2013
Nov 25, 2013
Currency Exchange Loss:
May 17, 2014