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A loan of $3,775 helped a member to buy supplies for her business.

Bankito Progresista (Cuenca) Group's story

The lending group “Bankito Progresista” consists of 7 female members and 1 male member, who live in the city of Cuenca. This city is often visited by tourists because of its beautiful center from the colonial era. Four rivers run through the city and the people keep up their culture and traditions, and the great variety of their cuisine which is pleasing to the palates of locals and foreigners. The members of the lending group are people with a spirit to fight and work and they are always striving to improve their economic stability to improve the lives of their families.

One of the members of this group is Gladys. Gladys is a kind and gentle member who is part of the lending group “Bankito Progresista”, a group which was formed by friends who help each other to achieve their goals. At each meeting they discuss various topics of interest.

Gladys is 28 years old, she is single, has no children and lives with her parents in their own house. Gladys work is the preparation and sale of salchipapa (a dish which consists of sliced fried sausages and fries) and she works from Monday through Saturday. She has worked in this business for a year. She will invest the money from the loan in the purchase of supplies for the preparation of her fast food. It is her dream to travel abroad.

The two small photos are of members who could not be present when the picture of the group was taken.

In this group: Rosa Abdulia, Diana Elizabeth, Gladys Susana, Julia Teresa, Rosa , Concepcion Lastenia, Luis Guillermo, Gloria Leonor

Translated from Spanish by Kiva volunteer Ellen Vaethjunker

Loan details

Lenders and lending teams

Loan details