A loan of $2,150 helped a member to buy pigs and animal feed.

Sector Los Olivos (Cuenca) Group's story

The Communal Bank “Sector Los Olivos” consists of nine members (eight women and one man) who are either relatives or neighbors. They live in a community that is in the parish of Turi in the city of Cuenca. This parish is known as the balcony of the city since it provides one with the vantage point of seeing a large part of the city of Cuenca. The people who live here engage in trade, livestock breeding, and agriculture. These friendly people, including the members of this group, strive to give their best efforts in their work each so that their families can get ahead. They have also maintained the culture and traditions of their ancestors.

One of the members of this group is Sra. Nancy, who is receiving her fourth loan from the “Sector Los Olivos” Communal Bank. She is 30 years old, married, and has five children (ages 9, 8, 5, 3, and 1). Her three oldest children attend a school in town. Her husband works as a driver for a construction company. They own their house and built it themselves.

Doña Nancy works at a nursery school Monday through Friday from 7 A.M. to 3 P.M. She also raises pigs, guinea pigs, and ducks at home and then sells the animals in her community. Nancy also engages in farming and the products she harvests are designated for household consumption. The money from her loan will be invested in the purchase of pigs and the appropriate feed. Her goal is to complete her house since it currently lacks a few finishing touches.

In the photo, the gentleman wearing a blue and black shirt is a relative of one of the members, so he is not part of this group.

In this group: Rosa Ines, Angelica María, Jessica Elizabeth, Luisa Del Carmen, María Dolores, Elvia De Jesús, William Geovany, Maria Teresa, Nancy Lorena

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details