A loan of $3,300 helped a member buy livestock; buy clothing to sell.

Tierra Fertil (Cuenca) Group's story

The community bank Tierra Fértil (Fertile Land) is formed by 12 members, both men and women, who are friends and neighbors and have come to have a very good friendship. They work at different business activities, but they have a common goal, which is to aim ever higher in their businesses and thus continue improving their lives economically in order to give their children and their families a better future. They live in the community of Tierra Fértil, which belongs to the parish of Valle, where the majority of the people work in agriculture and raising animals, and some people have also left for the city, where they work at various activities.

Señora María C. lives in the community of Tierra Fértil, which is part of the Valle parish. This is her fourth loan cycle with the foundation, and the loans have helped her in her business. She raises livestock. She sells the milk that she obtains and it is also for her consumption. For five years she has also worked half a day from Monday to Friday doing housework. This community bank member is 58 years old. She is single and lives with her mother, a sister, and her niece. She lives in her own house. In the community bank she has a great friendship with all the members, since they are all very happy. She will invest her new loan in the purchase of more animals. Her goal is to increase her business.

Señora María C. also lives in the community of Tierra Fértil in the Valle parish. She is 40 years old. She lives in a common law marriage and has two children, who are 13 and 12 years old and are in school in the city of Cuenca. Her husband is a professional driver and works in a rented van. With their work, they have succeeded in constructing their own house. Señora María works in the sale of clothing, a business she has had for 3 years. She sells to her friends, neighbors, and family members who come to her house to buy her merchandise. At home, she raises animals such as pigs, guinea pigs, and chickens. She also works from Monday to Friday in a clothing factory where her shifts rotate; she has been doing this work for 12 years. Her business has benefited from four loan cycles, and with her new loan she is going to buy clothing to have a greater variety to show her customers. Her goal is to finish building her house.

In this group: María Teresa, Juana Catalina, María Dolores, Rosa Virginia, Delia Florencia, José Roberto, Aida Elena, Janneth Maribel*, Samuel Antonio, Daniel Serafin, Luz Angelita, Rosa Isabel*
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry

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