A loan of $5,875 helped a member to purchase staple foods.

Cruzloma (Paute) Group's story

The Cruzloma Credit Group consists of twelve women and one man from the Descanso section of Paute Canton in Ecuador. This region has a temperate climate and fertile land that allows farmers to grow a tremendous variety of fruits. Most people in the Descanso area earn most of their income from farming, raising animals, and running shops. Many Descanso residents go to the city each day to pursue various jobs.

The Cruzloma members are all friendly and kindhearted people who work each day in order to achieve greater economic stability. They strive to improve their lot and to offer their children a brighter future, while also preserving their culture and traditions.

One of the Cruzloma members is Doña María, a 63-year-old single mother of two adult children who are married. Doña María owns her own home, where she lives with her married daughter and three grandchildren.

Doña María has for several years worked selling staple foods in a city market, which has allowed her to provide for her children. She also raises pigs and chickens at her home.

Doña María is applying for a new loan to purchase staple foods and boost her inventory. Her ambition is to continue growing her business.

In this group: María Esperanza, Jessica Natalia, Gloria Petrona, Elvia Piedad, María De Lourdes, María Yolanda, Digna Isabel, Mónica Maribel, María Del Carmen, Petita Paola*, Transito Verónica, Digna Isabel, Luis Alberto
*not pictured

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Translated from Spanish by Kiva volunteer Stephen Volante

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Loan details