A loan of $3,650 helped a member to buy guinea pigs and food, zinc sheeting, posts, cement blocks.

Rosas Rojas (Cuenca) Group's story

The Rosas Rojas (Red Roses) Community Bank is located in the Paute canton, an area known for its warm climate and consequently a major grower of flowers. The largest hydroelectric pwer station is the country is also located there. Its people are very hardworking and dedicated to their jobs, always thinking about helping their families get ahead in life. Our members share their stories:

Señora María is one of the members of Rosas Rojas Community Bank. She lives in the Paute canton in the Estancia neighbourhood. She is 42 years old and was widowed three years ago. Her husband died overseas but she still doesn’t know from what illness. She lives with her four children aged 21, 18, 14, and 12 as well as her three grandchildren (the children of her oldest daughter who is a single mother). María and her two older daughters support the family, and she feels secure knowing that she owns her house.

Her work raising chickens supports the family and provides financial stability. With her first loan received three cycles ago, she began this work. She now has twenty chickens. They are delicate and when they get sick, they die, so she then loses all her investment.

María was invited by her sister-in-law to join this group of feisty women. Now with this new loan she is going to buy young guinea pigs to raise and food for them. Her dream is to see her children in school.

Another member of the Bank is María Azucena R. who also lives in this beautiful canton in Cabo parish. She is an energetic woman who is always pleased to work with her colleagues in the bank. This is her third loan cycle, and the money received to date has helped her with her work raising guinea pigs. She has regular customers who come to her house to buy them. She also sells them in the local market. María says that she started her first business with her first loan.

She is 40 years old and married, but her husband has lived overseas for eleven years. He left the country so he could provide a better quality of life for his children and wife. Thanks to their sacrifices as a couple, they now own their house and the whole family has some security. She lives alone with her four children aged 20, 18, 16, and 13. With this new loan she is going to buy cement blocks, zinc sheeting, and posts to build a much bigger shed and increase the number of guinea pigs. María’s goal is to continue expanding her business and eventually start raising chickens.

In this group: Blanca Azucena, Zoila Virginia, Libia Patricia, Fanny Fabiana, Gloria Esperanza*, Blanca Leonor, Maria Dolores, Rosa Elvira, Mercedes Monica, Maria Susana, Blanca Margarita, Maria Azucena, Ana Lucia
*not pictured

Translated from Spanish by Kiva volunteer Jane A

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