A loan of $3,850 helped a member to buy music CDs and videos.

Los Sauces (Cuenca) Group's story

The 'Los Sauces' community bank is made up of 6 women and 2 men who are hard-working, tenacious and very kind people. They work every day in different business activities which allow them to cover their household expenses. They live in the city of Cuenca, which is the capital of Azuay province. It is well known as being the 'Athens of Ecuador'. It was named a World Heritage Site in December 1999. Cuenca offers the best and most important production of handicrafts in the country. It has well-known jewelers, specialist workers who turn gold and silver into beautiful jewels. Its cuisine is very wide ranging and delights the palates of both locals and visitors. The local people maintain the culture and traditions of their villages.

One of the members of this group is Martha. She is 23 years old, single, and lives independently. She does not own her own home but lives in a rental house.

Martha works as a private employee. She has been in this job for one year and she works from Sunday to Sunday, from 9.00am to 9.00pm. This is her first loan through her community bank, which she was invited to join by a friend. She will use her first loan to buy music CDs and videos so that she can set up a sales location and start a business. Her goal is to own her own home.

In this group: Enma Esperanza, Jenyffer Dayana, Martha Verónica, Paola Maricela, Tatiana Carolina, Victor Orlando*, José Alberto, Juana Leonor
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

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Loan details