Total loan: $2,325

La Propuesta (Cuenca) Group

Cuenca, Azuay, Ecuador / Agriculture

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A loan helped to buy chickens and animal feed.

La Propuesta (Cuenca) Group's story

'La Propuesta' community bank is made up of seven women and one man, most of whom live in Tarqui parish, in Cuenca. This is a cold-climate area with vast plains which are ideal for livestock raising. The local people raise livestock and farm. Many also work in different business activities in the city. Our members are noted for keeping the flame of their culture and traditions alive. They are kind and very hard working. Through their efforts, they improve their households' finances so that they can get ahead in life together with their families. One of the members is Maida. This is the first loan that she has taken out through the community bank, which she was invited to join by a friend. She is 25 years old and lives with her common-law husband. The couple have a daughter who is one and a half months old. Maida's husband is a driver and provides a taxi service. They live in a rental house. Maida looks after her house and, at her mom's house, she raises pigs, guinea pigs and chickens which she sells to her friends and acquaintances. She will invest her first loan in buying chickens and feed for her animals. Her goal is to build her own home.