Funded

Total loan: $4,700
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El Aguacate (Cuenca) Group

Ecuador
Cuenca, Ecuador / Grocery Store

A loan of $4,700 helped a member to buy grocery items and animal feed.


El Aguacate (Cuenca) Group's story

The El Aguacate group is made up of 6 women and 2 men who live around Monay in the city of Cuenca. This city has a cold climate and its architecture is a blend of modern and colonial. It is bathed in 4 rivers and its cuisine is varied. It is the cradle of great artists and athletes. Its people are kind, friendly and warmhearted. They fight day to day to improve the financial stability of their homes to give a better future to their children while they jealously guard their culture and traditions.

One of the members of the group is Mercedes. She is taking out her sixth loan with her neighbors and friends from the El Aguacate group. She likes this kind of a loan because this way she grows her economic activity little by little and engages friendship with all of the other members.

Mercedes is 65 years old. She is a widow and has 5 grown children. Four of them are married and on their own. Her single son lives at home and helps her financially. The house she lives in is the result of her work.

Mercedes works in her store Sunday to Sunday with no set schedule. Since she lives in the country, she also farms and what she harvests she sells and uses for household consumption. She also raises geese, ducks, guinea pigs, pigs and cows.

She is going to invest in buying grocery items for her store and in animal feed. Her dream is to enlarge the store.

The small photo is of two women and a man who are members who couldn't be there when the group photo was taken.

In this group: Martha Braulia, Rosa Paulina, Ligia Beatriz, Mercedes María, Nelson Wilfrido, Melida Esthela, Milton Aurelio, Nancy Crisalia
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue


Loan details

Loan length:

8 months
Disbursed date: August 6, 2013
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams




Loan details

Loan length:

8 months
Disbursed date: August 6, 2013
Facilitated by Field Partner: Fundación ESPOIR