A loan of $4,350 helped a member to buy clothing, animals, feed, seeds.

Rosas Rojas (Cuenca) Group's story

The Red Roses Community Bank is located in La Estancia, Cabo parish, in Paute canton, in a tourist area of the province of Azuay. People visit the region because of its tropical climate, its fields of flowers, and the wide variety of fruit grown there.
The Community Bank is made up of fourteen members. They are all very friendly and lively, get on well together, and are good neighbours. They work at different jobs, some in their homes and some out in the community. Here are some examples:
Gloria lives in La Estancia, a community located just a few minutes outside of Paute. She is 29 years old, married, and lives with her husband. They have a good marriage and get on well together. They have three children, aged 10, 9, and 8, who attend the local school. They don’t own their own home so they live in a part of the house owned by her parents. Her husband works as a driver and is a mainstay of the household.
Gloria is a businesswoman selling clothing from her own stall in the San José de Paute market and from her home too. She’s had this business for four years and works from 9am to 5pm every day of the week. As she serves customers from her home too, she works in the evenings or whenever her customers arrive to buy items. She carries a wide variety of clothing for men, women and children.
This is her second loan and her business has benefited greatly from the money. She says that all is going well with the members both within the bank and within the community. The loan she is asking for today will be used to buy more clothes such as sweaters and jackets which she sells from her market stall. In order to get a greater variety of clothing, Gloria travels to Cuenca to buy at the Feria Libre. In the future she would like to build a house and expand her business.

María lives in La Estancia which is located a few minutes outside the canton of Paute. She is 39 years old and has been a widow for 17 years. She has never remarried. She has three children aged 16, 9, and 5. Her oldest son is in the fourth year of secondary school. The second is in fifth grade of primary school, and the third is in the local kindergarten. The children are not recognised by their father, and they have kept their mother’s last name. They do have a house of their own but it is in poor condition and on the point of falling down. They live in another house which they take care of.
María works as a farmer growing all sorts of vegetables. She also raises guinea pigs and chickens. She works from 8am to 5pm every day as she has to water her crops, cut grass for the guinea pigs, or care for the chickens. This is her second loan and all is going well with her colleagues at the bank. She is one of the most lively and entertaining members of the group. This loan will be used to expand the guinea pig and chicken farm. In the future her goal is to have a nice home where she can live proudly.

Zoila lives in the parish of El Cabo, in the neighbourhood of La Estancia. She is 29 years old and has lived with her partner for many years. He helps a great deal in the home. They have a daughter aged 12 who is in first year of high school. They do not own their own home but live in another house which they take care of. Zoila earns her living by raising animals such as guinea pigs, chickens, and pigs. She also grows vegetables which she sells in the Paute and Gualaceo markets.
Zoila has worked for herself for the last six months and has had no problem raising the animals. She says that working independently has many advantages, as she doesn’t neglect her domestic duties, or her husband, and she has more time to spend with her daughter.
This is her third loan with Kiva partner, Fundacion Espoir, and Zoila is very grateful as she has learned to cope by herself and become an independent businesswoman. She plans to use this loan to expand her farm, buy food for the animals and seeds for her vegetable garden.
Her dream is to continue working so that she can give her daughter a good education and never want for anything.

In this group: Blanca Azucena, Zoila Virginia, Libia Patricia, Fanny Fabiana, Gloria Esperanza, Blanca Leonor, Maria Dolores, Rosa Elvira, Mercedes Monica, Maria Susana, Silvia Veronica, Blanca Margarita, Maria Azucena, Ana Lucia

Translated from Spanish by Kiva volunteer Jane A

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