A loan of $2,875 helped a member to buy iron.


Los Angeles (Cuenca) Group's story

The Los Ángeles loan group is formed by 4 female members and 3 male members who make a living from various businesses that are the source of income to get ahead with their families and to be able to give them a brighter future. They live in the downtown area of the city of Cuenca, which is bathed by four rivers and has great landscapes where one can enjoy nature. Its architecture is a mix of colonial and modern and its cuisine is quite varied, which captivates the palate of those who visit.

One of the members of this group is Carmen. She is receiving her second loan alongside her friends and companions from the Los Ángeles loan group. She likes this kind of loan because of the companionship, friendship and unity of the group, and also because of the educational lectures that they receive at each meeting.

Carmen is 23 years old, is married and has an 11-month-old son. Her husband has a workshop where he does iron work. They don't own their own house at the moment so they live in the house of a relative. Carmen stays at home to take care of her house and her son who is still small, but she is also studying Radiological Imaging and her studies are going very well. The money from the loan is to buy iron for her husband's business. Her goals are to finish her studies, to become a professional and to help her husband so that he grows in his business.

In this group: Ruth Cecilia, Rosa Elvira*, Libia America, José Alexander, Pedro Pablo, Carmen Priscila, Pablo Cesar
*not pictured

Translated from Spanish by Kiva volunteer Tricia Perry


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Loan details