A loan of $1,000 helped to purchase nylon for making ropes and young chickens and guinea pigs in order to grow her two businesses.

Ana Cecilia's story

The communal bank Vegaspamba is located in the Jadán parish, to the northeast of the Gualaceo canton. To the north, it borders the Nulti parish of the Cuenca canton and the San Cristóbal parish of the Paute canton; to the east are the outskirts of Gualaceo's cantonal center; to the south are the San Juan and Zhidmad parishes of the Gualaceo canton, and to the east are the Paccha and Nulti parishes of the Cuenca canton. The people there make their living primarily through agriculture and raising farm animals.

Señora Ana T. is 23 years old. She lives in the Vegaspamba community with her husband, who works as a builder, and their two children, who are 6 and 5 years old. The children attend a small, local school. They don't have their own house, but her father-in-law loaned them a dwelling.

Ana has been a member of this bank for five cycles and has maintained great friendships with all her bank partners. The loans she has received have been invested in her business. She makes handicrafts using nylon, like ropes, which she learned from her mother. She has been doing this work for six years. In addition, she raises chickens and guinea pigs to sell as well as for consumption in the home. With the money from the new loan, she is going to purchase nylon and young chickens and guinea pigs in order to grow her two businesses.

Her goal is to one day have her own home and to set up a grocery store.

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Translated from Spanish by Kiva volunteer Marni Siegal

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