A loan of $1,650 helped a member to buy crafts-making supplies and children's party supplies.

Bonanza (Cuenca) Group's story

The “Bonanza” communal bank has seven women members who are friends and acquaintances. They live in various parts of the city of Cuenca, a city that’s rich in architectures blending the modern with the colonial. Its residents maintain their culture and the traditions of its peoples. They are very kind, charismatic people very much like our members who strive daily to improve their home economy and provide their children with a better future.

One of the group members is Cinthia. She’s a member of the Bonanza communal bank. She lives in downtown Cuenca. She’s 27 years old, married and has two children who are 7 and 5 years of age and go to the local elementary school. Her husband works as a private employee. They don’t have a house of their own but live with her in-laws and share household expenses with them.

Cinthia is a bilingual secretary by profession but does not practice her profession in order to care for her children. Since she spends the day at home, she makes crafts, decorations and children’s parties. She works Sunday to Sunday with no specific schedule.

Our member is in her second loan and will use it to buy children’s party supplies and crafts-making supplies. Her goal is that her business grows and becomes very well known in the city.

The two little girls in the photo are daughters of one of the members.

In this group: Carmen Brecilda, Mariana De Jesús, Cinthia Fernanda, Mayra Cristina, Geovanna Gabriela, Flor Beatriz, Jessica Mercedes*

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details