A loan of $4,200 helped a member to buy sausages, potatoes, ketchup, mayonnaise, plastic covers, etc.

Reina De La Paz (Cuenca) Group's story

The Reina de la Paz Communal Bank is comprised of 11 women who live in various areas of the city of Cuenca This city was named Cultural Heritage of Humanity in December, 1999 and has several natural sites to visit. The city also has a widely varied gastronomy and its people are warm and friendly. Our members are struggling women who work day to day in various activities that enable them to improve their household finances.

Elvia lives in the community of Zhidmad. This is her first loan with the communal bank, which she joined at the invitation of her sister and niece. She is 32 years old and is a single mother with 3 children – a 15 year old, a 10 year old, and a 9 month old baby. Her first son works and helps financially. Her second son is a student at the neighborhood school. She does not own a home, so she rents.

Elvira makes ceilings. She works from 8:00 in the morning until 5:00 in the evening and has worked in this business for 10 years. She raises chickens and pigs in her home. She sells when financially necessary and they are also for consumption.

She will use the loan to start a fast food business selling Salchi papas (thinly sliced pan-fried beef hot dogs or sausage and French fries). She will buy sausages, potatoes, oil, ketchup, mayonnaise, plastic covers, etc.

Her goal is to build a house since she has some construction materials.

In this group: Luz Amada, Ana Lucia, Digna Narcisa, Rosa María, Amelia De Jesús, Rosa Dolores, Digna Alexandra, Mónica Marisol, Digna Isabel, Elvia Mercedes, Ines Celina

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz

Loan details

Lenders and lending teams

Loan details