100%

funded

Total loan: $2,925

La Estancia ( Cuenca ) Group

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Cuenca, Azuay, Ecuador / Agriculture

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A loan helped Livestock and feed.


La Estancia ( Cuenca ) Group's story

The “El Estancia” communal bank is made up of 12 women who work hard to provide a better future for their families. They live in the “Estancia” and “Cabo” communities within the Paute hamlet. This area is known for being the largest producer of flowers and for having the largest hydroelectric plant in the country. Most of its inhabitants raise crops and livestock. Mrs. Emma Yolanda F. lives in Cabo and is 35 years old. She is married and has four children, ages 19, 17, 14, and 12. All attend school. Her husband works diligently in construction as a mason. They have their own home, thanks to their effort and hard work. [Emma] is a homemaker who takes advantage of the time to raise Guinea pigs, which she sells out of her home and at the market in her hamlet. This will be her first loan. She became part of her communal bank, thanks to a friend who is also a member. She will use the money from this loan to buy hogs. Her goal is to build a larger pen for her Guinea pigs and also to raise chickens. Mrs. María Asunción C. also lives in Cabo and this will be her first loan as well. She was invited into the group by a friend of hers from the community. She raises livestock, such as chickens, Guinea pigs, cattle, and hogs and has been doing this for three years. She sells the chickens either alive or processed, according to each customer’s preference. She also has steady customers who buy milk from her cows. [María] is 55 years old, married, and has two children, ages 41 and 32. They are married and on their own. Her husband raises chickens and they have managed to build their house thanks to their hard work. She will use the money from this loan to buy Guinea pigs and feed. Her goal is to continue to grow her business.

Translated from Spanish by Hugo Reyes, Kiva Volunteer