A loan of $2,025 helped a member to purchase fertilizer and animal feed.


Mira (Cuenca) Group's story

Mira is a communal bank comprising seven friends and neighbors who live in the parish of Zhidmad in Cuenca. This area has lush vegetation because of all the farming fields and its geography offers beautiful landscapes. The main activity in this community is raising animals, farming, and many of its residents work different jobs in the city of Cuenca. The members of this group, as well as all of the townspeople, are kind, amiable, and, most of all, fighters who work very hard every day in order to give their children the best. They also still keep their culture and traditions alive.

Clara is one of the members of this group. She and her friends and fellow members of the Mira communal bank are on their third loan. She likes this type of lending because the loans are short-term and help their small businesses grow.

Clara is 28 years old and is a single mother. Her two children are ages nine and five, and go to a small local school. She doesn't own a home, which is why she lives in her parents' house and shares household expenses with them.

Clara takes care of her children and works hard daily in the fields. She raises Guinea pigs, chickens, pigs, and cattle, and sells their milk. She also farms, so whatever she harvests is consumed at home and when there is a surplus she sells it.

She is going to invest this new loan in purchasing fertilizer in order to improve her pastures, and also in buying feed for her animals. Her goal is to have more and better quality cattle.

In this group: Rosa Aurelia, María Lourdes, Rosa Filomena, Clara Beatriz, María Domitila, María Dolores, María Consolacion
*not pictured

Translated from Spanish by Kiva volunteer Mariana Sanchis


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