A loan of $3,850 helped a member to purchase construction supplies.

Las Profes (Cuenca) Group's story

The communal bank "Las Profes" ("The Teachers") is comprised of 9 members, most of whom dedicate themselves to teaching and other activities that allow them to improve their household's financial stability. They're friendly, kind and very charismatic women who strive everyday in order to get their families ahead. They also keep their people's culture and tradition. They live in various areas of the town of Cuenca, which has been a World Cultural Heritage site since December 1999. Its geography is rugged and it's bathed by four rivers. It's home to great artisans; its gastronomy is very diverse and captures the taste buds of both natives and foreigners.
One of the members of this group is Margoth. She lives in the Las Pencas area of the town of Cuenca. She's 52 years old and married, and from her marriage she conceived four children. Two of her children are married and live independent lives; her two youngest children attend one of the town's schools. Her husband works as a private employee. They own the house they live in.
Margoth works as a teacher. She teaches classes in a small school of the town. She's been in this line of work for 24 years and works Monday through Friday.
This is her second loan with the communal bank, and she'll use it to purchase construction supplies in order to make home improvements.
Her dream is to travel to the Galapagos Islands and abroad.
On this occasion, the photograph also features the gentleman who's Regional Coordinator for the foundation. The small picture is that of a member who couldn't be present when the group's photo was taken.

In this group: Margoth Cecilia, María Alexandra, Mayra Alejandra, Jessica Jesús, Jessica Noemi, Julia Narcisa, Gloria Graciela, Vilmen Dolores, Karina Alexandra

Translated from Spanish by Kiva volunteer Renata Wolff

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Lenders and lending teams

Loan details