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Niño Jesús De Las Orquideas  (Portoviejo) Group
In this Group: Fidencia Narcisa, Ana Dolores, Danixa Alhay, Nery Betsy, Danny Azucena, Doris Elizabeth, Miguel Angel, Madelaine Soledad, María Monserrate, María Magdalena, Eraida Fernanda, Jhonny Rozana*, Richard David*
* not pictured
The Niños Jesús de las Orquídeas meets every fortnight in Las Orquídeas, Portoviejo. The group is made up of 3 men and 10 women, all of whom are very hard working and, with the help of loans, will expand their businesses, and as such, improve quality of life for their families. They are involved in various activities, mainly within the retail sector.

One of the partners of the group is Fidencia who is a 53 year old single mother with three grown-up children, one of whom still lives with her. Fidencia is a very good mother who has always liked achieving things through hard work. She works selling clothes and Avon and Yanbal cosmetics, beauty products, perfumes and accessories. She works for 2 to 3 hours per day, three days per week, leaving products with clients on credit and collecting payment very eight days. She has been doing this for three years and it is going very well. Perfume and cosmetics are what she sells most frequently. A loan will help Fidencia to buy clothing, perfumes and other cosmetics. She has attended five meetings with the credit group and likes it because it helps her move forward. Her dream is to expand her business.
View original language description ↓
En la ciudadela Las Orquídeas de la ciudad de Portoviejo se reúne cada quince días el Grupo De Crédito Niño Jesús De Las Orquídeas el cual está formado por 10 mujeres y 3 hombres, todos ellos muy trabajadores que con la ayuda del créditos están sacando adelante sus negocios y así mejorando la calidad de vida de sus familias, ellos se dedican a varias actividades en su mayoría al comercio.
Una de las socias de este grupo es la señora Fidencia, tiene 53 años de edad, es madre soltera de tres hijos mayores de edad, uno de ellos aun vive con ella.
Doña Fidencia es una muy buena madre que siempre le ha gustado trabajar para salir adelante, ella se dedica a la venta de ropa y productos de Avon, Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas). Trabaja tres días a la semana de dos a tres horas al día, ella deja sus productos a crédito y cobra cada ocho días. Tiene tres años que se dedica a esta actividad y le va muy bien, lo que más vende son los perfumes y cosméticos.
Este crédito es para comprar ropa, perfumes, cremas y cosméticos. Lleva cinco ciclos en el Grupo De Crédito y le gusta porque los créditos le ayudan mucho para salir adelante. Sus sueños son seguir adelante en su negocio.

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
  • 29
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Niño Jesús De Las Orquideas (Portoviejo) Group's $6,175 loan helped a member to buy clothes, perfumes and cosmetics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 26, 2014
Jul 23, 2014
Currency Exchange Loss:
Nov 20, 2014