A loan of $2,650 helped a member to purchase pants, t-shirts, blouses, and children's clothing.

Bonanza (Cuenca) Group's story

The communal bank named "Bonanza" is made up of 7 women who are friends and neighbors. They are happy and charismatic women who carry out different business activities to improve financially and to move forward with their families. The members live in different locations in the city of Cuenca. The city is characterized by the beauty of its avenues and by its historical center. It is a mix between colonial and modern and the population retain their culture and traditions.

Mayra S. lives in the downtown area of the city of Cuenca. She is 27 years old, married, and she has 3 children, aged 7, 4, and 2. Her eldest child is in school and the middle child is in preschool. Her husband is a military professional. They don't own a house so they rent where they live.

Mayra has been selling clothing for the past 4 years, traveling throughout the city every day, from Sunday to Sunday, although she does not have a fixed schedule.

She is on her fifth loan with her communal bank and this new loan will be invested in the purchase of pants, t-shirts, blouses, kids' clothing, etc., to make her business grow.

Her goal is to build a house of her own.

In the photograph she is accompanied by the daughter of one of the other members.

In this group: Carmen Brecilda, Mariana De Jesús, Cinthia Fernanda, Mayra Cristina, Geovanna Gabriela, Flor Beatriz, Ana María

Translated from Spanish

Loan details

Lenders and lending teams

Loan details