A loan of $1,450 helped a member to buy chickens to raise and sell.


Sector Los Olivos (Cuenca) Group's story

The “Sector Los Olivos” (Olives Sector) Communal Bank is formed of 6 women and 2 men who work in different activities to better their own household economies. They are hard-working people and always look at the positives in life. They live in the Carmen de Guzho sector, where the majority of people work in agriculture and livestock raising. Some also have their own stores, while many go out to work in different activities in the city of Cuenca.

Nancy lives in the community of Carmen de Guzho, is 29 years old, married, and has 5 children, aged 8, 7, 4, 2, and a baby of 3 months. Her 2 eldest children attend a little primary school in the city. Nancy's husband is a chauffeur and works driving heavy machinery. By means of their jobs, they have managed to build their own house.

Nancy works in a children's nursery, an activity she does because she loves children. This work permits her to care for her own children. She works from Monday through Friday from 8:00 am until 4:00 pm.

This is Nancy's first loan from the communal bank and she was invited to join by her sister-in-law. The money will be used to buy chickens so she can begin chicken raising. Her goal is to finish her house, which still needs some work.

The children in the photo belong to some of the members.

In this group: Rosa Ines, Angelica María, Flor Del Pilar, Luisa Del Carmen, María Teresa, Dario Xavier*, William Geovanny, Nancy Lorena
*not pictured

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD


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