A loan of $2,425 helped a member to purchase chickens and chicken feed.

Arco Iris ( Cuenca ) Group's story

The community bank Arco is made up of a group of 9 women that work hard every day in their businesses, to improve the finances of the family. They live in the community 3 Marias, the same community that is well known for its agricultural products. Much of the young members of the population leave the city in search of better work and they also migrate to look for greater financial stability for their families.

Mariana lives in the 3 Marias community. She has been a member of the community bank for the past 4 years and the loans have greatly benefitted her business. She raises chickens and guinea pigs. She started out the business when she married and it has been her way of contributin to the family's finances. She also cultivates the land, where she sows vegetables for their own use and for sale in the community.

This member is 53 years old, she is married, and she has 5 children, aged: 29, 27, 23, 21 and 19 years old. Her four sons are all single and they all work. They contribute to the family's finances. Only their fourth child is married and lives independently. Her husband is retired and it was in working together that they are able to have their own home. The member will be investing her new loan in the purchase of chicken feed. Her goal is to make her business grow.

Lourdes lives in the community of 3 Marias. She is a single mother of three children, aged 17, 11 and 8 years of age. Her eldest child is in college and the other two are schooled. With hard work and with the help of her business she has managed to build her own home.

She has worked for the past 10 years in the community school cafetaria. She is currently on holidays but she is anxious to have the kids go back to school so that she can go back to work. She also raises chickens and guinea pigs. She started this out last year and it has been going well, as there is a great deal of demand.

Lourdes has rejoined the community bank after having missed her colleagues. This loan will be invested in the purchase of chicken and their feed. Her goal is to keep her business growing.

In this group: Maria Rosario, Ligia Narciza, Nancy Patricia, Marcia Beatriz, Mariana De Jesus, Lourdes Esperanza, Gladys Beatriz, Ana Yolanda, Nancy Cristina

Translated from Spanish by Kiva volunteer

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