A loan of $775 helped to pay for university studies.

Rosa Elvira's story

Señora Rosa is a member of the communal bank Feria Libre. She lives in a beautiful sector of the city of Cuenca, a city that was named a UNESCO World Heritage site in December 1999. It is bathed by four rivers and has a varied gastronomy. Its people are kind, gentle, and hard-working, and they maintain their traditions and culture.

Doña Rosa is 64 years old. She is separated from her husband and has 10 adult children. Five are married and live independently; three are single, they work and help her financially; and two are studying at the university in the city. The house in which she lives is her own.

Señora Rosa sells vegetables that she buys for resale or that come from her fields. She has done this work for a number of years. She also raises chickens, pigs, and guinea pigs, which she sells when she has a financial need.

She has been a member of her communal bank for 13 years, and she will invest her new loan in paying for the university studies of her children.

Her goal is to buy a car with her daughter.

Translated from Spanish by Kiva volunteer Pam McMurry

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