A loan of $2,875 helped a member to purchase creams, treatments, makeup, perfume and costume jewelry from Yanbal as well as pants, sweatsuits, blouses, jackets, etc.

Don Bosco(Cuenca) Group's story

The communal bank Don Bosco is made up of a group of enterprising women who are looking out for their families' wellbeing. They live in the city of Cuenca which Ecuadorians consider the most beautiful city in the coutry. One of its attractions is the beautiful artisan crafts that are found throughout the city, from embroidered blouses, wool sweaters, gold and sliver plated filigree jewelry to weavings. Cuenca also has a tradition of producing ceramic items, artisan crafts and fresh produce that can be found in the market on Thursdays or in the (smaller) market on Saturdays. One industry leader in Cuenca and its surrounding towns is the production of toquilla straw hats.

María de Lourdes G. lives in the city of Cuenca. She is a very cheerful member who radiates a lot of charisma, is in her second cycle and is one of the founders of this little bank. She is very eager to grow her businesses.

She is a 30 year old woman and she has been separated from her husband for 5 months. Her marriage produced four children aged 11,8,7, and 4. Her three oldest children are studying in the local elementary school and since they don't own their own home they are renting.

María took up the business of selling Yanbal products again 4 years ago. She has sold these products since she was 18 years old. She also works Thursdays, Fridays, and Saturdays in a a beauty salon. She learned this skill on her own. With the new loan, she will purchase creams, treatments, makeup, perfume, and costume jewelry from Yanbal.

Her dream is to have her own beauty salon.

Verónica García is 29 years old ans she is another active member of this bank. She lives in the city of Cuenca with her four children aged 11,7,6, and 4 in a little rented house. Her three oldest children are in an elementary school in the city and the youngest stays with her. She tells us that she does not receive any help from the childrens' father and so she must get them ahead on her own.

Verónica has been selling catalog clothing for a year and she also promotes various products in the stores and supermarkets in the city when acquaintances call her to do this work. She has been doing this activity for 10 years.

This is her first loan with her communal bank and she is very hopeful to get ahead with her children. With her loan she will purchase pants, sweatsuits, blouses, jackets and more clothing to continue progressing in her business.

Her dream is to have her own home.

In this group: Maria De Lourdes, Susana Del Carmen, Veronica Fernanda, Carmen Del Rocio, Mayra Anani, Jessica Guillermina, Maria Augusta, Carmen Narcisa, Flor Maria

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Translated from Spanish by Kiva volunteer Ellen Donohue

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