A loan of $2,200 helped a member to buy hair dyes, hair gels, shampoos, etc.

Santa Martha (Cuenca) Group's story

The Santa María communal bank is requesting its first loan. Its six female members and one male member are known for being friendly, kind, and above all, hardworking since they’re already engaged in economic activities to improve their financial stability and to get ahead with their families.

They live in different places in the city of Cuenca, a place that is known for its architectural beauty. It was named a world heritage site in December 1999. The city is bathed by four rivers, and is colored by traditional clothing, which is the greatest pride of its people who keep the flame of its culture and traditions alive.

One of the members of this group is María Romelia. She is 30 years old and a single mother of a ten-year-old boy, who studies in a school in the city. She doesn’t have her own home, but is renting. She is a true professional in the beauty industry, because she’s studied this field. She likes this job very much, and has relied on her own business for 12 years. She works Monday to Friday without fixed hours.

María Romelia's loan is going to be invested in the purchase of hair dyes, gels, shampoos and more products for her work place. Her goal is to expand her beauty salon and to have different branches.

In this group: Elsa Beatriz, Mercedes Paola, Eloisa De Jesús*, María Dolores, Guido Fernando, María Romelia, Dora Vilma
*not pictured

Translated from Spanish by Kiva volunteer Victoria Estrada

Loan details

Lenders and lending teams

Loan details