A loan of $4,350 helped a member to purchase poultry.

La Estancia (Cuenca) Group's story

The communal bank "La Estancia" is made up of 10 women and 2 men. They work every day on different businesses to improve the finances of their homes. They are very responsible and friendly individuals. They live in the community of La Estancia, belonging to the community of Paute. This community is of a temperate climate conducive of flower harvests and the production of fruits, such as apples and pears. There are various tourist locations to visit and the population maintains their culture and traditions.

Jenny lives in the sector of La Estancia. She is 18 years old and she is the mother of a 10-month old baby girl. She lives at home with her parents, although she is independent.

She has been working at a flower plantation for the past 2 years, from Sunday to Sunday, from 7 in the morning until 8 at night.

This is the first loan she accesses through her communal bank. She was invited to join by her mother. The funds from her loan will be invested in the purchase of poultry to start this new business.

The children in the photograph are the children of two other members.

In this group: María Dolores, Diana Elizabeth, Janeth Esperanza, Nancy Isabel, María Dolores, Jenny Faviola, Carmita De Lourdes, María Adoracion, Olimpia, Edwin Marcelo, Gladys Esperanza, Paul Santiago

Translated from Spanish

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Loan details