A loan of $3,525 helped a member sewing machine / Cow.

Maluay De Curiquinga (Cuenca) Group's story

The Maluay de Curiquinga communal bank is made up of 12 women who live in the community of the same name. It’s part of the Valle parish, which has a cold climate. Farming and raising livestock are its people’s traditional occupations. Most of the population goes out in the mornings, to work in the city of Cuenca, to work various trades, and returns in the evening. Our associates work different trades, but with the same goal; to get their families ahead and offer them a better future.

Carmen Isabel C. lives in the Conchan del Milagro community, which is a part of the Valle parish. This will be her third loan through the foundation. The prior ones have helped her small business. She is a seamstress who learned this trade five years ago when one of her friends taught her. She now works out of a small workshop in her home, alongside her husband who also works in this trade. They do all sorts of sewing and repairs. They don’t have a regular schedule, but they work Monday through Saturday. Sunday is a family day. Carmen is very young, barely 23. She is married and has two children, one is two years old and the other is four months old. They don’t have a house of their own yet, so they live in a house that her mother loaned them. She will use the money from this loan to invest in a new sewing machine that they need. Her goal is to complete her collage education, now that she has completed five [out of six] years of study.

Rosa Aurora Q. lives in the Maluay de Curiquinga community, which is a part of the Valle parish. She is 49 years old, is married and has 10 children. Her three oldest are married and on their own. Her single children are 27, 17, 15, 13, 11, 10, and 5. Her 27 year old daughter and her 13 year old son work in the home and help with the chores. Her 17 and 15 year old sons work and help with the household finances. Her three youngest attend the local school. Her husband stays home, now that he is of old age. They were able to have their house built by working together.

Rosa works the trade that her parents gave her; farming. She works her own land, where she grows corn, potatoes, etc. Some of her harvest is for her own consumption and some she sells. She also raises hogs and Guinea pigs, which she sells to people in her community. This will be her second loan from the communal bank and she is happy about the loans that she has benefited from in her home. She will use the money from this loan to buy a cow. She wants to continue to stay in good health.

In this group: María Sandra *, María Eulalia, Narcisa Jesús, Rosa Ubaldina, Janneth María, María Consolacion, Irene Miriam, Carmen Isabel, Patricia Piedad, María Teresa, María Elvira, Rosa Aurora

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Translated from Spanish by Kiva volunteer Hugo Reyes

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