A loan of $4,325 helped a member to buy shoes to sell.

Las Comadres (Cuenca) Group's story

The credit group known as “Las Comadres” (The Godmothers) consists of 11 women who are friends and neighbors. They live in the city of Cuenca. This city experiences cold weather and has several tourist attractions where people can enjoy its natural beauty as well as its history. Cuenca was named a World Heritage Site in December 1999. Just like its people, the members of this group are kind and gentle individuals who have maintained their culture and traditions. Their common goal is to excel on a personal level and to help their families get ahead.

One of the members of this group is Sra. Gladys. She is participating in her third loan along with her friends and fellow group members of “Las Comadres”. Gladys likes this form of credit because she gets to meet with the other group members and establish a daily work routine with them.

Sra. Gladys is 33 years old, in a common-law relationship, and has three children (ages 11, 6, and 3). Her two oldest children attend a small school in the city. Her husband works for a private company. They do not own a home, so they live in a rental property.

Doña Gladys has managed her own business for eight years. She sells shoes as a street vendor. Gladys works Monday through Friday, but without a set schedule. Her work enables her to look after her family and still contribute to the household finances. The money from her loan will be invested in the purchase of shoes. Her goal is to have her own shop where she can sell her merchandise.

In this group: Yanneth Dolores, Gladys Lorena, Yadira Catuska, María, Melba Lorena*, Flor Elvira, Allison Samantha, Daisy Daniela, Patricia Katiuska*, María Augusta, Martha Beatriz
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details