A loan of $3,800 helped a member to buy trinkets.

Las Comadres (Cuenca) Group's story

The Communal Bank “Las Comadres” (The Godmothers) consists of 11 women who live in the city of Cuenca. This city is located in south-central Ecuador and is the capital of Azuay Province in Region 6. The city lies in the southern part of the Ecuadorian Andean mountain range. The members are hardworking individuals who have made sacrifices through their work so that they can improve the financial stability of their households and the welfare of their families. They have been able to maintain the culture and traditions of their people.

One of the group members is Sra. Flor. She joined the Communal Bank seven years ago. Flor is 60 years old, married, and the mother of six grown children. Four of them are married and live independently. The other two are single and work in order to help her financially. Her husband works as a private employee. They live in a rental property since they do not own a house.

Sra. Flor is a determined woman who spends time performing the household chores. She also works Sunday through Sunday as a traveling merchant. Flor sells all types of trinkets. She has been in business for seven years and is doing very well. Her new loan will be invested in the purchase of trinkets so that she can continue her business. One of her dreams is to have a house of her own.

The smaller photo is of a member who could not be present at the time the group photo was taken.

In this group: Yadira Catuska, Gladys Lorena, Blanca Livia, Melba Lorena, Melba Margarita, Allison Samantha, Guisela Carolina*, Rubi Margarita, Yanneth Dolores, María, Flor Elvira
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details