A loan of $2,200 helped a member to buy fruit and to buy chickens, vitamins and chicken feed.


El Valle (Cuenca) Group's story

Digna S. is one of the youngest members of the El Valle (The Valley) communal bank, which is made up of enterprising women and men who seek ways to continue forward with their families on their own lands; its residents are farmers and also are involved in other activities. Yanaturo is a place where one can breathe in peaceful and tranquil surroundings and become energized with the beauty of the Ecuadorean Mountains. Our member is 23 years old, single and lives with her parents in her own home; she shares utility expenses (water, electricity and telephone). Digna is a fruit vendor in Cuenca’s 27 de Febrero market. She has been in this line of work for 3 years and does quite well since she has her own sales stall. In addition, she is studying to be a seamstress in a local academy on Tuesdays because she wants to get ahead both personally and economically. This is her second loan cycle with her communal bank thanks to her cousin, who invited her to join and enjoy the institutional benefits and loans that Fundación Espoir offers. She will use the funds to buy apples, pears, peaches, oranges, pineapples and other fruit to stock her business and have a variety of fruit available for her customers. Her goal is to finish her sewing course so that she can set up a small sewing workshop. Rafaela L., 56, is another of the active members of this bank; she lives in Paraíso Bajo with her eldest, married daughter. They share household expenses. Her 26-year-old son lives with his life partner and has formed his own family. Rafaela works as a domestic employee. She has been in this employment for 11 years and works all day, four days a week. She also raises chickens that she sells either live or dressed, according to customer requests. She also farms growing vegetables like; carrots, cabbage, and lettuce that she sells in her community. This is her first loan with the Fundación; her daughter invited her to join this group of tenacious women. She will use the funds to buy chickens, vitamins and chicken feed so that her business will continue to grow. Her goal is to continue striving for the improvement of her household’s economy.

In this group: Maria Rosario , Rafaela De Los Angeles, Zoila Mercedes, Maria Dolores, Maria Barbarita*, Adolfo, Jose Lino, Digna Mercedes, Rosa Balvina
*not pictured

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Translated from Spanish by Kiva volunteer Polliz


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