A loan of $3,700 helped a member buy merchandise like nails, locks, tools, paints, electrical equipment, pipes, etc.

La Merced (Cuenca) Group's story

The community bank La Merced is comprised of 10 women who work in different activities such as trade, animal husbandry and agriculture, etc. that enable them to contribute to the support of their homes and development of their families. They live in the parish of Santa Ana where the people are very kind, gentle and hardworking. This parish is in a cold climate and it is where you can admire some of the city of Cuenca and surrounding nature in all its splendor.

Mrs. Rosa Z. lives in the community of Ingapirca that belongs to the parish of Santa Ana. She is 33 years old, married and has 4 children, who are 16, 14, 12 and 10 years old. Her first two children study at school and her two youngest children in the community schoolhouse. Her husband is not in the country, having migrated in search of better work and future for the family. Working together they have built their own home.

For the last two years, Rosa has worked in a hardware store that she owns. She works Monday through Friday from 7 am to 6 pm. She is also involved in raising pigs, guinea pigs, chickens and cattle.

This is her fourth loan with the community bank and she will invest in buying merchandise for her hardware store such as locks, nails, tools, electrical equipment, paints, pipes, etc.

Her goal is to build a local center to put her hardware store.

In this group: Eulalia Eloisa, Lourdes Isabel , Fanny Carmen, Blanca Filomena, Laura María, Blanca Josefina, María Teresa, Laura Isabel, Rosario Maribel , Rosa Angelita

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details