A loan of $2,325 helped a member to purchase trinkets to sell.

Pan De Azúcar (Cuenca) Group's story

The Communal Bank “Pan de Azúcar” (Sweet Bread) consists of seven women and one man who live in different areas of the city of Cuenca. This city was named a World Heritage Site in December 1999. Despite the frigid climate, the kind and friendly people have very warm hearts. Cuenca also has a wide variety of cuisines that captivate the palettes of both locals and foreigners. The members of this group engage in different business activities and strive each day to improve their financial stability.

Sra. Gladys P. Ávila lives in central Cuenca. She is 62 years old, widowed, and has four adult children who are all married and independent. The house she lives in is her own and was built as a result of her work.

For the past five years, Doña Gladys has managed a shop where she sells trinkets. She works Sunday through Sunday without an established schedule.

This will be the third loan she has received from the Communal Bank. She was invited by her relatives to join this group. The money from this new loan will be invested in more trinkets. Her goal is to repair her house because it has gradually deteriorated over the years.

In this group: Nanci Violeta De Jesús, Jenny Beatriz, Ligia Irene, Jessenia Paulina, Maritza Paola, Libia Beatriz, Gladys Del Cisne, Gerardo Xavier

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details