A loan of $4,950 helped a member farming and livestock production.

Libertad En Progreso ( Cuenca ) Group's story

The members of the Libertad en Progreso community bank are hard-working women who are looking to grow their businesses so that they provide their families with a better future. They live in the community of Zhizho in the parish of Victoria del Portete, an agricultural region of Ecuador.

Sra. Dolores Quituisaca lives in Zhizho. Her niece invited her to join this outstanding group of women and this is her first loan. Sra. Dolores works as an embroiderer. A friend taught her to embroider and she has now worked at it for twenty years. She also raises livestock: pigs, sheep, cuyes (a kind of guinea pig) and milk cows. Farming is another business, the output largely consumed by the family.

Sra. Dolores, 66, is married and has seven children who are 23, 22, 19, 17, 14, 7 and 3 years old. Her oldest daughter is a single mother and helps her with the embroidery business. Her second daughter is married and independent, Her next two children, boys, work and help with the family's expenses. The two youngest children study at a local school. Sra. Dolores owns her small house which she and her husband built. The loan that she's applying to Espoir for will be invested in buying chickens for a business that she hopes will increase the family's income. Her goal is earn enough to buy a vehicle.

Sra. Carmen G. also lives in Zhizho. She is 47 years old, single and lives with her father and sister. Her father owns their house and she helps with household expenses. Sra. Carmen is one of the founding members of the community bank and this is her fourth loan. She operates a business raising and selling livestock: pigs, chickens, milk cows. Past loans have helped her to build her business and she will invest this loan in buying animal feed. Her goals are to have clean water and to build a house of her own.

In this group: Carmen Lucia, Maria Esperanza, Lorena Del Carmen, Maria Carmen, Maria Carmen, Balbina , Luz Melinda, Maria Natividad, Maria Alicia, Claudia Femina, Dolores Mercedes, Miriam Catalina, Mercedes Dolores, Maria Rosario, Asuncion Transito

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Translated from Spanish by Kiva volunteer Jere Wiseman

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