A loan of $675 helped buy pants, shirts, and clothing for children and adults.

Jose Jacinto's story

The Narancay Bajo Communal Bank is formed by a group of members whose goal has always been to succeed in front of any obstacle, to give their families the best of themselves, and to give their families a little of the comforts they never had in their lives. They live to the south of the city of Cuenca. It is a city that has a lot of enchanting traditions and celebrations. The people are warm and kind. Everyone who visits Cuenca falls in love with it, and they always promise to return.

José S. is a member of the Narancay Bajo Communal Bank. He lives about 15 minutes outside of the city of Cuenca in the Narancay Bajo region. He is 41, married, and has five children. They are 17, 13, 11, 7, and 3 years old. His 17 year old son goes to the Benigno Malo School. His 13 year old daughter goes to the Garaicoa School. His 11 year old son goes to the Nicolás Sojos School, and his 7 year old son goes to the Leonicio Cordero School. His wife is a merchant; she buys and sells clothes. Thanks to their marital effort and sacrifice they have built their own home.

José has worked as a taxi driver for 20 years. He works 14 hours daily. He has a good friendship with his friends in the communal bank. This is his second cycle with the foundation. It was his mother who motivated him to become a member of the bank. He used the loans he has received to invest in his wife’s business. He will use the new loan from the Espoir Foundation to invest in his wife’s business of selling clothes like pants, and blouses, etc.

His big dream is to have health and life to be able to continue giving his children everything they need.

Translated from Spanish by Kiva volunteer Ginny Kalish

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