A loan of $2,200 helped a member purchasing Avon cosmetics/ Purchasing guinea pigs.

Family (Cuenca) Group's story

The Family Communal Bank is made up of 8 members who have managed to get ahead with their families through the daily effort that they put into their work. The members live in different parts of the city of Cuenca. This city is the third most important city in Ecuador, and has great architectural and cultural treasures, a varied cuisine, and very warm and friendly residents.

Ángela Lucia B. lives near the polytechnic university. This is her second loan from the foundation; it was her sister who invited her to join the communal bank. The loans are very helpful for her business. Ángela makes a living selling Avon products, and has been involved in this activity for one year. She doesn’t have a fixed work schedule, but sells her products to her friends and family. She also makes a living doing domestic chores, an activity that she has performed for 15 years. This job doesn’t have a fixed schedule either, since all that her employers ask is for her to do her work responsibly. Ángela is 34 years old, married, and has 4 children, ages 18, 16, 13, and 11. Her oldest daughter works and helps her financially, while the three younger children study at a school in the city. Her husband works at a body shop (he repairs the car bodies). The family doesn’t have its own house and lives in the home of Ángela’s mother, though they are not dependent on her. Ángela’s new loan will be invested in more cosmetics. Her dream is to have a house of her own.

María Eugenia M. lives in the center of the city of Cuenca. She is 49 years old, and has been separated from her husband for 2 years. She has a 24-year-old daughter who is studying to be a veterinarian at the university. They don’t own their own home, but live in a rented house.

María makes a living cleaning houses. She started working in this activity when she was very young and it has helped to get her family ahead. For the past 2 years she has also made a living raising guinea pigs, which she sells at her home. She is on her second loan with the communal bank and will use it to invest in purchasing more guinea pigs. María wants to help her daughter complete her university studies, and her dream is to have her own home.

In this group: Fanny Cecilia, Beatriz Yolanda, María Eugenia, Angela Lucia, Tania Silvana, Andrea Elizabeth, Gloria Emperatriz, María Rosario

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Translated from Spanish by Kiva volunteer Chris Knutson

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