A loan of $3,750 helped a member make repairs to a guinea pig pen.

Tierra Fertil (Cuenca) Group's story

The Communal Bank “Tierra Fértil” (Fertile Land) is a group that consists of eleven women and three men who work in different businesses within their community or in the city. This enables them to grow financially and move their families forward. The members live in the parish of El Valle, which is admired for its beautiful natural landscapes and the friendly cordial people who engage in trade, livestock breeding, and agriculture.

Sra. Jeannette Pilatuña lives in the community of Cochapamba in the parish of El Valle. She is receiving her fifth loan from the Communal Bank. Jeannette enjoys being a member because she has made many good friends. She has worked for a private clinic in the city as a nurse for five years. Jeannette works in rotating shifts and also raises guinea pigs from her home.

Doña Jeannette is 31 years old, single, and has a seven year old daughter who attends school in the city. She does not have a house of her own, so she lives at the home of a relative. The money from her loan will be invested in repairs to the pen where she keeps her guinea pigs. Her goal is to give her daughter a good education so that she can get ahead.

Sra. Mónica C. lives in the community of Cochapamba in the parish of El Valle. She is 34 years old, divorced, and has two children (ages 18 and 17). Her first child, a daughter, lives with her father while her second child, a son, lives with her at home since he is disabled. He attends a school for special needs children. Through her work, Mónica was able to build her own home.

Doña Mónica is a merchant who sells cosmetics from the Yanbal line. She has worked in this business without a set schedule for five years. In addition, she has a store in her home that she managed for six years. She works in this business Sunday to Sunday from 8am to 8pm. This is the first loan she has received from the Communal Bank and she was invited by her cousin. The money from her loan will be invested in the purchase of more products for her store so that she can have a better inventory for her customers. Her goal is to expand her business.

In this group: María Teresa, Juana Catalina, María Dolores, Aida Elena, Delia Florencia, José Roberto*, Mónica Cecilia, Alexandra Patricia, María Cristina, Jeanneth Maribel, Samuel Antonio*, Daniel Serafín, Luz Angelita, Rosa Isabel
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details