A loan of $1,100 helped to buy cows.


Carmen Fabiola's story

Carmen Pesantez is a member of the Nueva Amistad (New Friendship) Communal Bank. She lives in the Cumbe parish, which is known for its landscapes. The people devote themselves to farming and livestock. Much of the population has migrated to the city and to various places in the world looking for a better quality of life for their families. Our member raises cattle, guinea pigs, and chickens. She sells them in her own parish. She also works in agriculture; she works her land. Carmen is 37, married, and has four children. The children are 18, 17, 14, and 11 years old. Her first three children go to a high school in the area, and her last daughter is in elementary school. Her husband is a taxi drive. She does not have her own house. She lives in her parents’ house, but in an independent manner. Three years ago our member was invited to become part of the communal bank by a great friend from the communal bank. She will use the new loan to buy some calves. Her goal is to come to have a chicken roasting business.

Translated from Spanish by Kiva volunteer Ginny Kalish


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Loan details