A loan of $1,000 helped purchase chicks, guinea pigs and lambs.

Maria Asuncion's story

Mrs. Maria Asuncion L. has been an active member of the Village Bank "Nuevo Porvenir" for the past ten years. This bank is located in the Cumbe parish in the southeast part of the city of Cuenca. This region is known for the fine textiles made here, its original name was Cumbipirca which is a combination of the Quecha words cumbi or chumbi, meaning beautiful textiles and pirca, meaning wall.
Maria lives in the community San Capa in the Cumbe parish, she is 64 years old and married with eight children. She can't remember all of their ages, but six of them are now married. She owns her own home and lives with her ailing husband and their two youngest children, aged 18 and 15. Because of her economic situation they haven't been able to go to school and they can only work when a family friend can hire them temporarily.
Maria works raising chickens, guinea pigs, and hogs which she sells in the local markets. She also grows vegetables for home consumption and for sale to neighbours and markets. With the loan requested from Fundacion Espoir, she will buy chicks, guinea pigs and lambs to increase her animal raising business. Her dream is to increase her business little by little in order to better earn her living.

Translated from Spanish by Kiva volunteer Emily Martyn

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