A loan of $2,650 helped a member to purchase clay, black soil, water, and other items for making bricks.

Racar Bajo (Cuenca) Group's story

The Communal Bank “Racar Bajo” consists of five women and three men who engage in the same business activity of producing tiles and bricks. The members learned this trade at a very young age because their parents performed this same type of work and it is a family tradition. They live in the community of Racar Bajo in the city of Cuenca, which was recognized as a World Heritage Site in 1999. The delicious cuisine captivates the palates of the locals and foreign visitors. The people of Cuenca are extremely friendly and cordial.

Sra. Aída María S. lives in the community of Racar Bajo. She is 46 years old, married, and has been in a common law marriage that produced five children (ages 28, 23, 20, 16, and 13). Her first child, a daughter, is married and independent. The second child, a son, is studying at the university. Her third child, a son, helps with the family business. The two youngest children, both daughters, attend high school in the city. Her husband migrated in search of better job opportunities so that he can provide his family a better quality of life.

Sra. Aída María makes bricks and tiles, a trade that she learned at a very early age by following the example of her parents. She does not work on a fixed schedule. This is her first loan with the Communal Bank after she was invited to join by her niece. The money from her loan will invested in the purchase of raw materials such as clay, black soil, water, and other items. Her goal is to build a shed for raising chickens and guinea pigs so that she can start this type of business.

In this group: Zoila Paulina, Delia Elizabeth, Julio Santiago, Milton Patricio, Mayra Liliana, Segundo Gerardo, Aida María, Guadalupe Del Rocio

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Translated from Spanish by Kiva volunteer Ronan Reodica

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