A loan of $3,200 helped a member the purchase of shrimp and oysters.

Mujeres Esmeraldeñas ( Cuenca ) Group's story

The community bank Mujeres Esmeraldeñas ["Women from Esmereldas"] has 9 members, men and women, who are looking to microcredit for the opportunity to expand their businesses and improve their finances. They are all from the province of Esmereldas and now live in the city of Cuenca. This city is known for its beautiful countryside, its historical center, its gastronomy and its people.

Mrs Rosa Manogi B. is a member of the Mujeres Esmeraldenas. She lives in the city of Cuenca. This is her first loan with the Fundacion and she was invited to be part of the community group by a friend. She is from the province of Esmereldas, and came to the city of Cuenca looking for work. For 6 years she has sold shrimp. She works on holidays and weekends from 7 am to 6 pm. Mrs Rosa Manogi is 42, and a single mother of 6 children ages 25, 23, 20, 19, 13 and 12. Her three oldest children live independently. Her fourth child started university this year, her fifth child is still in primary school since he failed the last grade, and her youngest child is entering high school this year. She does not have her own home because she rents. She will invest this loan in the purchase of shrimp. Her dream is to have her own home.

Mrs Maria De Jesus B. lives in the city of Cuenca and is 53. She is in a common-law marriage and has 3 children ages 32, 29 and 28. All of their children are married and live independently. Her husband sells ceviche [citrus-marinated seafood] door to door. They do not have their own home; they rent. She is from the province of Esmeraldas, and has lived in this city for 6 years, motivated by the work and looking to increase her financial stability. She has sold ceviche for 24 years. She sells by going to the markets of the city of Cuenca. She sells from 6 am to 2 pm, every day of the week. This is her first loan with the Fundacion and she will invest it in the purchase of oysters for her ceviches. Her goal is to have her own home.

In this group: Victoria Yadira, Belgica, Ruth Maribel, Nancy Dolores, Maria De Jesus, Rosa Manogi, Veronica Sandra, Delberg Alfredo, Jorge Luis

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Translated from Spanish by Kiva volunteer Christine Cooper

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