A loan of $2,200 helped a member buy chickens, guinea pigs, animal feed and vitamins, buy roofing materials.

El Tocte (Cuenca) Group's story

The Tocte Community Bank is based in the beautiful city of Cuenca, which is home to artists, writers and sportsmen. The city has a priceless wealth of architecture and history and welcomes domestic and foreign tourists to see all the natural beauty that the city and its surroundings offer.

This bank is composed of both men and women entrepreneurs with a daily desire to overcome both at home and in their community to give their families a better quality of life based on values such as honesty, hard work and mutual support to achieve their objectives.

Mrs. Norma Lucia Court is a member of the Tocte Community Bank and lives in the town of Gualaceo on the outskirts of the city of Cuenca. She is 21 and lives with her husband and child of 1 year and 4 months of age. Her husband works as roof designer, and they jointly care for the house and live there but still do not own their own home.

Norma splits her time between household chores and raising animals like guinea pigs and chickens to sell to her neighbors in the community and for consumption at home.

She has been with her community bank for three cycles and says that the loans have helped to buy animals and food. With this new loan provided by Fundación Espoir, she will buy more guinea pigs, chickens, feed and vitamins for breeding in order to increase the size of her farm.

Mr. Luis Z. is the only man in his village bank. He lives in the parish of Jadan in the Tocte sector. He is 29 years old, is unmarried and lives with his parents who he supports financially a bit. He has a 6-year old for whom he covers the costs of living and study.

Luis works as a roof designer and has his own workshop. He has been working for 12 years in this job. His hours are Monday through Friday. He also has a small stand at the local market where he mainly sells thread, needles, wool and more items for crafts.

This is his third cycle working with his community bank. He stated that the loans have greatly helped him to buy materials needed for his work. With the new loan provided by Fundación Espoir, he is going to buy materials such as reeds to further develop roofs in order to keep his inventory stocked and to provide good service to his customers.

His big dream is to become a great trader.

In this group: Rosa Matilde, Luis Angel, Norma Lucia, Ana Lucia, Maria Ana, Carmen Jesus*, Zoila Maria, Rosa Leticia, Maria Zoila
*not pictured

Translated from Spanish

Loan details

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Loan details