A loan of $1,100 helped purchase of instruments for her beauty salon such as hair dryers, curling irons, etc.

Luz Maria's story

Mrs. Luz María S. is a member of the “Progressive Women Communal Bank”, a stable bank with supportive, close members who have been making loans for several years. The women in the Bank are very thankful because through these loans they have been able to better themselves and provide a better life for their families. They are very proud of their achievements. As a group, they are very cheerful and extroverted and get along very well with one another.

Luz lives in the North Pan American Highway (km. 7 1/2), about 40 minutes outside the city of Cuenca. She is 32 years old, is married, and even though she currently has no kids she plans to have them soon. Luz and her husband live in a house they own and her husband works as a driver. They have a stable and loving relationship.

Luz studied Beauty and makes a living in this field. She has had her own business for 6 years and is doing very well because she has a good customer base. The greatest advantage of owning her own salon is that she can work peacefully and independently. The greatest disadvantage lies in the competition that exists.

Luz has worked with the bank for 5 years and is happy with the training the Foundation has provided her. Luz will use the loan the Foundation is giving her to invest in her salon as she needs to purchase some materials. Her goal is to purchase a car so that she can use it to go to different parts of the city..

Translated from Spanish by Kiva volunteer Rocio Vargas

Loan details

Lenders and lending teams

Loan details