A loan of $4,475 helped a member to buy pigs and feed to raise them and to fix the fast food cart.


Sector Tres Marías (Cuenca) Group's story

The communal bank Sector Tres Marías is located in the Turi parrish. Turi is known as the place to view the city of Cuenca because from there you can admire almost the entire city. It's older adults and women work mainly in agriculture and the youngest people have migrated to other cities in and out of the country, seeking better days for their families. The members of this bank are fighters who day to day look for opportunites to offer their families a better present and future. On this occasion a little girl, daughter of one of the members, is with us. Mrs. María Lourdes L. has been a member of this bank for five cyles. She lives in the outskirts of Cuenca in her own little house. She lives with her three children, 12, 10 and 8. The father of the children does not support them at all. The children are students in the local elementary school.

María Lourdes, at 56, buys lumber. She cuts it and makes boards, strips, beams, etc. She has been doing this for 10 years and works Monday to Saturday from 8:00 a.m. to 5:00 p.m. She also raises animals such as pigs and chickens, which she sells in the area markets.

She joined the communal bank thanks to a friend who was a member of the little bank. The loans she has obtained have benefitted the economic stability of her home and the growth of her business. With the new credit, she is going to buy more pigs and feed to raise and sell them. Her biggest dream is to be able to have a lumber warehouse.

Blanca E. has also been a member of this bank for 8 cycles. She was invited by a friend to join the bank. The loans have helped her to start her business. She has sold fast food for 5 years. She rents a locale close to her home and works from Monday to Sunday. Previously she was the only person sellling in the area but now she has competition. She works from 12 a.m. to 2 p.m. and later she goes out to sell from 4 p.m. until 9 pm.

Blanca is 51 years old. She was widowed 5 years ago. Her husband died of a hepatic coma. She had four children from her marriage. They are 29, 26, 20 and 18. Her two oldest daughters are married and independent. Her 20 year old son studies at the university and her youngest son works and he helps her out financially in the home. She does not own a home and so they rent. She will invest the new loan in fixing her cart, which is her work equipment. Her dream is to have a minimarket.

In this group: Martina Cecilia, Ligia Cumanda, Gloria Fabiola, Mariana De Jesus, Ana Mariana, Blanca Leonor Del Carmen, Blanca Rosa, Sara Esperanza, Maria Hortensia, Maria Lourdes, Maria Esthela, Maria Carmita De Jesus, Cecilia Isabel*
*not pictured

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Translated from Spanish by Kiva volunteer Ellen Donohue


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