A loan of $2,550 helped a member to buy cardboard and scrap metal.

El Condor (Cuenca) Group's story

The El Cóndor Community Bank is made up of six members. All of the members know each other and are friends. They live in different places in Cuenca City. This city has a cold climate. Four rivers surround the town, which is why they gave it the name Santa Ana of the Four Rivers. The beauty of the city’s streets and architecture makes it a special city. The people uphold the culture and traditions of their villages. The people are characterized as friendly and welcoming, always offering a smile to their visitors.
One of the group members is Mrs. Rosa. This is the first loan she has requested from the community bank. A friend invited her to join the group. She is 34 years old. With her partner she has four children, ages 13, 11, 9 and 6. Her oldest son works at home and helps with the chores. Her other children go to the little school in the city. Her husband is a construction worker and bricklayer. They rent their house.
Mrs. Rosa works recycling plastics, paper and scrap metal. She works six days a week, from Monday to Saturday, but not on a fixed schedule. She will use this loan to buy cardboard and scrap metal. Her goal is to have a vehicle so she can continue with her business and help it grow.

In this group: Blanca Leonor, Maritza Priscila, Leonor Guadalupe, Luz María, Rosa Elvira, Washington Rafael*, Gladys Angelica
*not pictured

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Translated from Spanish by Kiva volunteer Esther Levandoski

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Loan details