A loan of $3,925 helped a member to buy guinea pigs, chickens and food supplies.


Nueva Ilusión (Cuenca) Group's story

The Nueva Ilusión comunal bank is made up of 14 members who are friends and neighbors. They are strong, hardworking women who work in different areas that allow them to be economically independent and at the same time able to contribute to household expenses. They live in the parish of Cumbe, a place with a cold climate and a rich culture, whose people maintain their parents’ traditions. The people work in trade, animal raising and agricultural, with many working in the city, especially the youth. One of the members of this group is Sra. Ana Victoria, who lives in Cumbe parish. She is 43 years old and a single mother of 5 children, who are 26, 20, 17, 10 and 8 years old. Her two oldest sons work to help with expenses, her third son is in high school and the two youngest attend a small school in the city. She does not have her own house and lives with her parents, but does so independently. Ana Victoria takes care of household tasks and raises guinea pigs, chickens, pigs and cattle which she sells when she has some economic need. She is also a subsistence farmer and, during holidays, she sells coffee with tamales and fast food in her community. She has been a member of the communal bank for 5 years and she will use her new loan to buy guinea pigs, chickens and supplies to continue with her business selling fast food. Her goal is to provide her sons with a good education so they can succeed and also to have her own house. The small photo attached here is of one of the members who, due to personal reasons, could not be present when the group photo was taken.

In this group: Ana Victoria, María Lorena, Mónica Priscila, Libia Mercedes, Jessica Liliana, Elsa Marlene, María Rosa, Blanca Guillermina, Grima Liduvina, Maritza Fernanda, Ana Cristina, María Francisca, Olga Bersabe, María Filomena
*not pictured

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Translated from Spanish by Kiva volunteer Diane Chaney


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