100%

funded

Total loan: $2,650

Las Minas (Cuenca) Group

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Cuenca, Azuay, Ecuador / Agriculture

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A loan helped Purchase guinea pigs, chickens and animal feed.


Las Minas (Cuenca) Group's story

Las Minas Communal Bank is made up of 10 women who have great charisma and are very friendly and cheerful. They carry out various activities, thus helping their household economies. The majority of them live in the Muluay community within Valle parish. There the people work in trade, raising animals and farming. Mrs. Gladys Ordóñez is a member of the Las Minas Communal Bank. She lives in the Maluay community. She is 30 years old, married with 2 children, ages 8 and 7. Her children study at the city school. Her husband is out of the country. He has immigrated in search of a better job and future for his children. She doesn’t have her own house but lives in her father’s home. Mrs. Gladys works in a tailor’s shop that she herself owns. She works from home from Monday to Friday without a fixed schedule. This has been her work for the past 14 years. This is the first loan she will receive from the communal bank. She was invited to become a member of the bank by her friend and neighbor. She will invest the money from the loan buying guinea pigs to start out in that business. Her dream is to have her own home. Mrs. María I. is a member of the Las Minas communal bank. She lives in the Santa Catalina community within Valle parish. This is the first loan she will receive from the communal bank. She was invited to join by her mother. She works as a domestic servant. She entered into this work 4 months ago. She only works half days. For the past 2 months she has worked raising chickens from her home. Mrs. María is 43 years old. She is separated and has 11 children, ages 23, 19, 18, 17, 16, 15, 13, 11, 10, 8 and 7. Her eldest daughter is married and lives away from home. Her eldest son does distance studies and works. Her next eldest three children work only to cover their expenses. Her sixth child stays at home helping her with the daily tasks. Her seventh child studies in secondary school and her youngest four children study in the community school. With Mrs. María’s work and effort she has managed to build her own house. She will invest the money from this loan in buying chickens and chicken feed. Her goal is to expand her business.