A loan of $1,100 helped to buy a woodlot.


María Flora's story

Maria is a member of the "Unión y Prosperidad" communal bank, and lives in Zhidmad parish in Cuenca. This is a place where one can admire the beauty of nature. Its church is located in the parish center, and is more than 200 years old. The Laguna de Teri is located approximately five kilometers from the parish center. The people here are friendly, responsible, and maintain the culture and traditions of their peoples.

María is 25, married, and has four children, ages 9, 7, 6, and 3. Her three eldest children go to a small local school. Her husband has a lumber business, and they own the house where they live.

Maria works in a daycare, Monday to Friday, from 8:00 in the morning, until 4:00 in the afternoon. She is taking out another loan to buy a woodlot for her husband's business. She had no problem with the payments on the previous loan, and has already paid it back in full.

She is very happy, because with the loan she has been able to contribute to the household finances, and support her family. She likes the communal bank because it is easy to get loans, and for the comradeship that exists among the members.

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Translated from Spanish by Kiva volunteer Jeff Goldie


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