Funded

Total loan: $6,000
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El Aguacate (Cuenca) Group


A loan of $6,000 helped a member purchase a cart.


El Aguacate (Cuenca) Group's story

The El Aguacate lending group is made up of eight female members and two male members who live in the Monay en Cuenca sector. This area is surrounded by vegetation. Due to its growing population, it is a mix of city and countryside. Its people mostly work in animal husbandry or in the city doing different activities that help them to afford their household expenses. Their challenge is to provide their children with a better future and better job opportunities. They still maintain the culture and traditions of their villages.

One of the members of this group is Lidia. This is the first loan that she has sought with her friends and partners in the lending group. She was invited to the group by a friend. Lidia is 39 years old, is married and has three children from her marriage aged 19, 18 and 13. Her first daughter is studying in the city's college, her second son is also in college and works to cover the expenses of his education, and her third daughter is in high school in the city. Her husband works as a mason. They do not own their own home, and are currently renting. For the past three months, Lidia has had her own business. She sells a variety of food like grilled meat, green plantain tortillas, corn pudding, and more products. She works in this business from Monday to Saturday with out fixed hours.

She will use the money from the own to purchase a cart to sell "salchipapas" (sliced sausages and french fries mixed together with a coleslaw on the side), and expand her business. Her dream is to have her own home.

In this group: Martha Braulia, Rosa Paulina, Ligia Beatriz, Mercedes María, Nelson Wilfrido, Melida Esthela, Blanca Mercedes, Milton Aurelio, Nancy Crisalia, Lidia Alexandra
*not pictured

Translated from Spanish by Kiva volunteer Roberto Henry


Loan details

Loan length:

8 months
Disbursed date: January 21, 2014
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams




Loan details

Loan length:

8 months
Disbursed date: January 21, 2014
Facilitated by Field Partner: Fundación ESPOIR