A loan of $5,050 helped a member to buy fertilizer and animal feed.

3 De Noviembre (Cuenca) Group's story

The "3 de Noviembre" communal bank is comprised of 10 women who live in the surrounding area of the Cumbe parish in Cuenca. This area has a cold climate and is surrounded by a variety of vegetation and green fields. Its architecture is a mixture of colonial and modern. Many of the people work the land by raising animals and completing agricultural work. They also work in the city in a variety of jobs.

One of the members of this group is Rosario, who has been a member for 13 years. During this time, she has been able to establish a better friendship with her friends in the community and become more supportive. The loans have helped her to stay in business.

At 57 years old, Rosario is married and has three adult children who are married and live on their own. Her husband works in construction as a bricklayer. They live in their own home.

Rosario works in the fields, which she learned from her parents. She raises and sells chickens, guinea pigs, and sheep. She then sells them in the community. She also has cattle, which she uses to sell milk. She also works in agriculture. The crops she harvests are used for household consumption.

She will invest the money from this loan into buying animal feed and fertilizer for her pastures. Her goal is to have more cattle of a better quality.

In this group: María Rosa Marina, Deicy Beatriz, Rosario, María De Los Dolores, María Etelvina, Digna Eulalia, María Auxiliadora*, Ana Lucia, Luz Bertha, Ana Lourdes
*not pictured

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Translated from Spanish by Kiva volunteer Amy Polenske

Loan details

Lenders and lending teams

Loan details