Funded

Total loan: $4,850
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Las Vecinas (Cuenca) Group

Ecuador
Cuenca, Ecuador / Clothing Sales

A loan of $4,850 helped a member to purchase clothing.


Las Vecinas (Cuenca) Group's story

The “Las Vecinas“[The Neighbors] group is comprised of ten members who strive daily to improve their household economies. They achieve this goal by working hard every day in their jobs or businesses, and still maintain the culture and traditions of their people. They live in Cuenca, a city with a cold climate that is bathed by four rivers. Its historical center was named “Patrimonio de la Humanidad” [World Heritage Site] thanks to its beautiful architecture and varied gastronomy.

One of the group members is Presentación, who is requesting her first loan alongside her friends and neighbors in the “Las Vecinas” communal bank. Her aspiration is to be able to expand the projects she is working on and offer her children a better future.

Presentación is 27 years old and a single mother of a two year old child. She doesn’t own her own home and so, lives in a rented dwelling. She has been a factory worker for five years, and works eight hours a day, Monday through Friday. She will invest the funds from her first loan in the purchase of clothing to begin this business and expects everything to go as planned. Her goal is to have a business location, and sell handicrafts and clothing

In this group: Alcira Virginia De Fátina, Silvana Karol, Susana Elizabeth, María Cristina, Jessica Fabiola, Sandy Cecilia, María Presentación, Gladys Dioselina, Margarita De Jesús, María Laura
*not pictured

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz


Loan details

Loan length:

8 months
Disbursed date: October 16, 2013
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams




Loan details

Loan length:

8 months
Disbursed date: October 16, 2013
Facilitated by Field Partner: Fundación ESPOIR