Funded

Total loan: $3,175
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Cashaloma (Nabón) Group

Ecuador
Nabón, Ecuador / Agriculture

A loan of $3,175 helped a member to buy manure, seeds and animal feed.


Cashaloma (Nabón) Group's story

The “Cashaloma” communal bank has five female and three male members who live around Nabon Canton. This place is of exuberant natural beauty thanks to its jagged geography and cold climate. Its main sources of income is agriculture and animal husbandry. Its residents are people who maintain their culture and traditions. They are very warm-hearted and hardworking people who strive day to day to improve the economic stability of their homes.

One of the group members is Blanca. She’s taking out her second loan together with her girlfriends and neighbors in the Cashaloma communal bank. She lives around Nabon Canton and she likes the communal bank because of the unity and togetherness of all the members.

Blanca’s 36-years-old and a single mother of five children who are 18, 9, 7 and six years of age; her youngest son is barely 8-months-old. Her oldest son works and helps her out economically and also attends high school on weekends. Her three other children attend the little local school. She owns the house she lives in.

Blanca does her household chores and also raises sheep, pigs, chickens and guinea pigs; she also grows vegetables that she sells in her community.

She will use her loan to buy manure, seeds and animal feed. Her goal is to buy herself a parcel of land to expand in agriculture.

In this group: Eddyta Magaly, María Carmita, Carmen Esperanza, Pedro Remigio, Emeterio, Rosa Gladys, Kleber Euclides, Blanca Lucia
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

8 months
Disbursed date: April 5, 2013
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 5, 2013
Facilitated by Field Partner: Fundación ESPOIR