A loan of $4,625 helped a member to purchase chickens, guinea pigs.

Cochapamba (Cuenca) Group's story

The Cochapamba credit group is made up of 11 women who live around the parish of El Valle in Cuenca. The place is surrounded by green fields thanks to the agriculture that its residents practice. They also raise animals and work as merchants. They maintain their cultures and traditions and their architecture is a mixture of old and new. The members have a common goal, which is to get ahead with their families and offer their children a better future. The loans help them grow their businesses little by little and they are proud of their achievements.

One of the members of the group is Tania. She is a friendly and kind member of the Cochapamba credit group and she likes the loan method because of the unity and solidarity between the members. She also likes the advice from the life experience of the older members. This helps her get ahead.

Tania is 22 years old. She is the single mother of a 3 year old child. She lives in her parents' house and shares the household expenses. Tania spends most of her time at home caring for her young daughter, but to contribute to the household budget she raises animals and farms. She really likes this activity because it allows her to be independent and also generate income for the home.

The money from the previous loan was invested in buying animals and the new loan will be to buy chickens and guinea pigs. This activity is going very well for her and she hopes to keep growing this business little by little.

In this group: Blanca Aidee, Gloria María, Julia Margarita, María Beatriz, María Carmen, Tania Alexandra, Gladys Judith*, Jenny Alexandra, Susana Gabriela*, María Gabriela, Nancy Alejandra
*not pictured

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

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Loan details