A loan of $6,550 helped a member to buy chickens and feed.

Las Gaviotas (Cuenca) Group's story

Las Gaviotas communal bank comprises 10 women and one man, who work at various jobs that let them pay their household expenses. They are friendly, polite people who maintain their communities' culture and traditions. They live in Baños parish in Cuenca. The parish is known for its thermal waters, entertainment centers, and diverse foods.

Silvia, one of the members, is in her second loan cycle with the Las Gaviotas communal bank. She likes this type of funding because it allows them to grow their businesses. Silvia is 23 and married. She has two children, ages 6 and 1, from the marriage. Her oldest child attends a small local school. Her husband installs floating flooring. They live in a relative's house. Silvia spends most of her time taking care of her children, but she raises chickens, guinea pigs, and pigs to help her husband with the household expenses. She will use the loan to buy chickens and feed. Her goal is to have a bigger chicken pen.

In this group: Blanca, María Dolores, Karina Elizabeth, María Delia, Zoila Mercedes, Silvana Del Carmen *, Hilda Lucia, Silvia Patricia, Fredi Oswaldo, María Lourdes, Jessica Maribel

Translated from Spanish by Kiva volunteer

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Loan details