A loan of $5,000 helped a member to buy crockery, tables, chairs, and supplies.

Family (Cuenca) Group's story

The "Family" loan group has eight members - seven women and one man - who share a common objective: they want to improve their households' financial stability through their work. The members are friendly and kind, and are maintaining their culture and traditions. The group lives in the city of Cuenca, known for its natural, architectural, and cultural beauty. It is the birthplace of great sportspeople, writers, and, above all, very friendly people.

One member of the group is Betti. She is taking out her first loan, alongside her friend and fellow group members. Betti was invited to join the group by her sister-in-law and she hopes that, with the loans, she can expand her business and learn from each of her friends.

Betti is 38 years old and has a partner. Together the couple has four children, aged 20, 16, 12, and 8 years old respctively. The eldest is studying at university and working to cover her expenses; the other three are in school. Betti's husband is a builder. The couple does not own a house but rents instead.

In order to help her husband with household costs, Betti works making and selling meals. She has had the business for three years, working seven days a week, from 8am until 8pm. Betti will invest this loan in crockery, tables, chairs, and supplies. Her dream is to have her own house.

In this group: María Rosario, Icela María, María Eugenia, Ana Lucia, Betti Cumanda, María Eufemia, Yoni Alexandra, Franklin Patricio

Translated from Spanish by Kiva volunteer Iain Gaw

Loan details

Lenders and lending teams

Loan details