A loan of $3,650 helped a member to buy chicken cages and begin to raise chickens.

Banca Comunal Rosa Group's story

The Rosa community bank is made up of 10 people, 8 women and 2 men. It is worth noting that the men who are wearing hats are members' husbands and also, a member named Maria isn't pictured. The president of the group is Rosa.

Rosa is 57 years old and lives in Riobamba with her husband and 7 children who are 36, 33, 28, 25, 20, 17, and 16 years old. Rosa is described as a hardworking, social, capable enterprising person who likes to help people who need it.

This is the first time that she has worked with FODEMI. The loan she has asked for is to start a business raising chickens with her family. She worked in farming before. It didn't generate a lot of income and that is why thanks to this loan she can distribute her chickens in different communities and make good income that will change her quality of life.

Her dream is to have her own chicken farm to sell and have have more income.

In this group: Rosa, María Aurora, María , María, María Manuela , Victoria, María*, Nancy, Javier, Guillermo
*not pictured

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details