A loan of $1,650 helped a member to purchase cookies, pop, lollipops, cigarettes, etc. / pigs and chickens.


Las Minas (Cuenca) Group's story

The Las Minas community bank is composed of 8 women and 2 men, who fight in their daily work to get their families ahead. They live in different sectors of the Valle parish. This parish is characterized by its population's work in agriculture and the raising of animals. Much of the young population leaves the city to work in different areas; also, many have migrated in search of better work.

This is María Andrea M.'s first loan with the Fundación. She lives in the Despacho community which belongs to the Valle parish. Maria is 62, married and has 6 children who are grown, married and live on their own. Her husband works in agriculture. She has her own home which she and her husband built together in their youth. Maria has a kiosk where she sells a variety of products. She has had it for 6 months and works Saturdays and Sundays. The rest of the days of the week, she raises animals such as barnyard birds and pigs, which she sells when she has any economic need. She will invest her loan in the purchase of cookies, pop, lollipops, cigarettes, etc. in order to stock her kiosk. Her goal is to expand her business.

María Felicia S. lives in the Maluay community which belongs to the Valle parish. She is 40, married and has 7 children ages 23, 20, 17, 15, 14, 12, and 2. Her oldest and third children are married and live independently. Her second child works and helps her with the household costs. Her 15 and 14 year old children aren't in school but help her with the housework. Her 12-year-old child goes to a school in the community. Her husband is a bricklayer and he gets his family ahead with his work. With Maria and her husband's work, they were able to build their own home. For 6 months, Maria has worked as a maid. She works Monday to Friday from 8 am. to 1 pm. The rest of her time is spent raising chickens and guinea pigs which she sells in her community. This is her first loan in the community bank and she will invest it in the purchase of hogs and chickens. She hopes that the loans will help her to expand her business. Her goal is to improve herself with her family.

In this group: María Cristina, María Magdalena, Digna Isabel, María Narcisa, Hilda Mercedes, José Antonio, María Andrea, Manuel Cruz, María Florencia, María Felicia

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Translated from Spanish by Kiva volunteer Christine Cooper


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