Total loan: $1,100
Cuenca, Azuay, Ecuador / Agriculture
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Rosa Guadalupe's loan finished fundraising,
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A loan helped To buy chicks, cattle and animal feed.
Rosa Guadalupe's story
The Cochapamba communal bank is made up of a group of enterprising women who are always looking for ways to succeed in life and who see in every opportunity a way to continue growing both personally and at their family level. This bank is in the community of Cochapamba, El Valle parish, in the southeast part of Cuenca. This area is well-known for its corn production and its tourist attraction: its lake full of bullrushes. Rosa B. is a member of the Cochapamba communal bank. She is a very sociable and cooperative woman; she maintains deep friendships with the other members of th bank. She is just 23 years old and lives with her life partner and her 5 -year-old son. Her husband works in construction Monday through Friday and on weekends he makes deliveries in his van. Thanks to their joint effort, they have managed to build their own home. She raises and sells dressed chickens on order and cattle. She has been in this line of work for two years. She buys them when they are chicks, raises them for a period of time and, once grown, sells them in the free markets or to her neighbors. Rosa has been working with loans from the foundation and it was Gladys Arpi, another member of the bank, that motivated her to be part of this group of enterprising women. She tells us that the loans have been of great use to her because she was able to finish her house and the new loan will allow her to buy more chickens, cattle and feed to continue and grow her business. Her greatest wish is to succeed and give the best to her son.
Translated from Spanish by Michael Bujazan, Kiva Volunteer