A loan of $900 helped to buy assorted fruit and vegetables to better supply her business.

Ana Yolanda's story

The communal bank, La Paz, is in the city of Cuenca. Cuenca is a city rich in culture and traditions, such as The Holy Saints and the celebration of Christ’s birth (a large Christmas pageant in Ecuador) among others. These are celebrations that attract national and international tourism. Her companions are a group of people who are trying to improve their social and economic situations and have formed a strong friendship with respect and mutual aid which helps their families get ahead..

Mrs. Ana O. is one of the most cheerful members of the communal bank La Paz. She lives in Quinta Chica, an area of the city. She is 46, the single mother of 3: 25, 24 and 19. Her oldest son works and helps her with the household expenses. The second is a married daughter, and her last is a son, a student at the University of Azuay. Their father only educated the oldest and youngest. The house that they live in belongs to her, thanks to her hard work.

Ana goes around the Central Market of Cuenca selling fruit, vegetables, fish, etc. depending on the season. She has been doing this for the past seven years and she says that she has good days and bad days, but you have to keep going to get ahead. She also knits sweaters which she sells to her friends and neighbors in the area. Ana was a member of the communal bank for two years, then she left. She then returned and this is her third cycle working again with the bank. She assures us that the profits that she has earned she has invested in her business. With the new loan that the institution has offered her, she will buy different fruit and vegetables to better supply her business and to attract more customers

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Translated from Spanish by Kiva volunteer Miriam Palacio

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