A loan of $1,100 helped buy merchandise to better stock her business.

Ana Maruja's story

Ana Maruja M. Q. is an active member of the El Paraíso Communal Bank, which is located in the Cumbe parrish in the outskirts of the city of Cuenca. Ana lives in the Los Olivos area, which is 15 minutes from the Cumbe parrish. She is 40 and in a common law marriage. She has two children, 17 and 9. Her older son goes to the Técnico Cumb School. Her younger son goes to the Gabriel Arseminio Villauri School in the area. Her house is her own, made with various years of effort in her youth. Her husband transports gas. They help each other economically, forming a good family cornerstone.

Ana has had a grocery store for ten years. Her business is going very well. Her work hours are from six in the morning until ten at night every day, without closing on Sundays. She tells us that the advantage of working in your own business is that you are not subjected to a strict schedule, and nobody gives you orders. When you have something else to do, you close the business. The disadvantage is having little money to stock the store.

She has been working with the bank for ten cycles. She remembers when they started and there were only six members. Now, there are 19. She hopes that more members join to keep growing. Her business has benefited from the loans. She also likes it because they guarantee them between colleagues, and they do not need to do much paperwork.

She will use the money from the loan she is asking for to buy merchandise to better stock her store and have adequate stock to offer her customers.

Ana’s goal is to have a mini supermarket with telephone booths and a stationery store.

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details