A loan of $550 helped education expenses for her children.

Maria Teresita's story

The Hermano Miguel Community Bank was created eight years ago in the city of Cuenca. It is a very beautiful city and is considered a cultural heritage site because of its beautiful architecture. The people are cordial and friendly.

The Community Bank has eleven members who are responsible, happy, collaborative, and united. They are aiming to succeed in life for their own well being and that of their family. At the beginning of every cycle, they have a lunch together, to share a moment of friendship and happiness.

María Teresita Y. Aviléz is member of the Hermano Miguel Community Bank. She lives in the city of Cuenca, is 51 years old, and is happily married with 8 children, aged 28, 26, 25, 24, 22, 20, 17, and 14. Her first 3 children are married and live on their own with their families. The younger 5 children go to the Antonia Ávila School. Her husband works as the caretaker of a school, living there because they do not have their own house.

María works with her husband at the school. The parents contract her because the school has not yet officially hired her. She has worked there 14 years but has only gotten credit for 13 years, and she is dissatisfied with the low pay. She has been working with the communal bank for 8 years, maintaining a good relationship with all the other members. Thanks to loans from the bank, she has been able to help her children to attend school.

María will use this new loan from FUNDACIÓN ESPOIR for education expenses for the children. She has worked for her children all her life. María’s dreams are that her children become professional people, and to build her own house.

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Translated from Spanish by Kiva volunteer jeff hersk

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