A loan of $3,850 helped a member buying liquor/Buying fabric, zippers, buttons.


Gualaceñitas ( Cuenca ) Group's story

The community bank "Gualaceñitas" is composed of a group of 12 women, ready to move forward in their respective businesses. They are women who fight every day to progress and offer their families improved economic stability. They live in Gualaceo, which is located 35km east of Cuenca. It is a prosperous town, located in one of the province's--and the country's--most beautiful valleys. It is an area characterized by great fertility, splendorous landscapes, and agreeable climate, which makes it a large tourist destination.

Diana Beatriz lives in the center of Gualaceo. She is 28 years old and married with four children. Her children are 12, 9, 5, and 4 years old; all of them are in school. He husband works as a bricklayer. The family does not have their own home, so they live with Diana's parents.

For the past three years, Diana has run a liquor store. She works from 1PM until 2AM, and she does very well. She is in her third loan cycle with the Espoir Foundation, and her new loan will be used to purchase new merchandise in order to grow her business. Her goal is to be able to afford a house of her own.

Florinda D. P. is in her second loan cycle. For the past year, she has worked as a seamstress making athletic clothing. She works from 8AM until 6PM. She learned how to sew through courses. She runs her business out of a rented shop.

Florinda is 31 years old. She is married with four children. Her children are 12, 10, 8, and 2 years old; the eldest three are in school. Her husband works in a shoemaker's. The family does not have its own home, which is why they rent. She will invest her new loan in the purchase of fabric, zippers, and buttons needed to make athletic clothing. Her goal is to continue growing her business.

In this group: Martha Alexandra, Nataly Marisol, Celia Mariana, Diana Beatriz, Maria Carmen, Ilsa, Florinda, Tania Alexandra, Daniela Adriana, Miriam Carlota, Maria Cornelia, Rosa Teresa

Translated from Spanish by Kiva volunteer Lydia Brantley


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