A loan of $4,550 helped a member to buy manure, seeds and animal feed.

Libertad En Progreso (Cuenca) Group's story

The Libertad en Progreso credit group is made up of 11 women who live in and around the parish of Victoria del Portete in Cuenca. It is a region which enjoys a cold climate and has vast plains perfect for cattle rearing and fertile soils ideal for growing a wide range of fruit and vegetables. The local people are cheerful and kind and strive on a daily basis to have increasingly stable households and, as a result, help their families make progress. In spite of the passage of time, they still uphold their culture and traditions. On of the group members is Carmen Lucia who likes this form of loan on account of the sense of unity and companionship among the members and because they help her to improve her financial stability. Carmen Lucia is a single woman of 50 who has no children and lives with her parents, helping them and sharing the household expenses. She breeds animals such as hens, sheep, guinea pigs and cattle whose milk she then sells. She also grows crops, some of which are consumed by her family and the rest sold. She will use the money from the loan to buy manure to improve her pasture land, as well as seeds and animal feed. Her dream is to have her own home.

In this group: Carmen Lucia, María Esperanza, Lorena Del Carmen , María Carmen, Luz Melida, María Alicia, Balvina, María Natividad, Dolores Mercedes, María Rebeca, María Rosario
*not pictured

Translated from Spanish by Kiva volunteer Janice Crossfield

Loan details

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Loan details