A loan of $2,250 helped a member to buy fabric and thread.

Los Laureles (Cuenca) Group's story

The “Los Laureles” communal bank has six female members and one male member who work in various activities but especially in field work like raising animals and farming. These activities allow them to cover household expenses and improve their economic stability. They are nice, kind and very cordial people. They live in Portete Parish in Cuenca, a place with a cold climate. Its extensive plains make it apt for raising cattle. It has various places to visit and enjoy nature.

One of this group’s members is Bilma, 29. She’s married and has two children who are 7 and 6 years of age and attend the local elementary school. Her husband works in whatever jobs he can get but his specialty is bricklaying. They own the house they live in.

Bilma has been working embroidering since the age of 12. She works from home Monday through Saturday with no fixed work schedule. She learned this activity on the job. She also raises cattle, pigs, guinea pigs and chickens to sell.

This is the fourth loan she’s taken in the communal bank and she will use it to buy thread and fabric to continue with her business. Her goal is to enlarge her house.

The small photo is of a member who was unable to be present when the group photo was taken.

In this group: María Manuela, Bilma Alejandrina, Norma Jhaquelin, Rosa Ana, Blanca Isabel, Luis Norberto, Mariuxi Elizabeth
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details