A loan of $7,200 helped a member to purchase a larger stove, 8 seats, 2 tables, and 2 umbrellas.

Nueva Esperanza Group's story

Lucia has lived in Ricaurte for more than 15 years. When she was a young girl, she started working to help her parents financially. She did domestic work in Guayaquil, Quito, and cities where she could find work.

Lucia lives with four of her eight children, who appreciate all of her sacrifice by attending classes. Two of her children are in Colombia serving in the military. Her two daughters study and work in Guayaquil. She does not have a partner and she is very happy to see her children grow up.

She used to sell clothing, and many people would take the merchandise on credit and not pay. She currently has a small business selling food outside of a high school. She prepares a variety of items in her home and sells them during school breaks.

Lucia will use this loan to purchase a larger stove, eight seats, two tables, and two umbrellas to improve the comfort of her diners.

Lucia does not own her own home and pays rent. She hopes that she will be able to purchase a home soon so that her children have comfortable space in her home. She is sure that her business will grow and she will be able to make her loan payments.

In this group: Lucia, Jose Manuel, Solenne Raquel, Berta Leticia, Richar Manuel, Maria Elisabel, Adriana Margarita, Cesar Manuel*
*not pictured

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Translated from Spanish by Kiva volunteer Eileen Lloyd

Loan details

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Loan details