A loan of $1,775 helped a member purchase clothing.


Nuevo Florecer (Cuenca) Group's story

The communal bank Nuevo Florecer is made up of 5 women and 3 men who are known for being very charismatic. They work at different activities that allow them to financially support their households and provide for their families. They live in different places in the city of Cuenca. This city is a mix of colonial and modern and has been a World Heritage Site since December of 1999. Its people are friendly, courteous and charismatic and maintain their culture and traditions.

One of the members of the group is Señora Martha. She lives in the Balzay sector in the city of Cuenca. She is 29 years old and a single mother of 2 children ages 14 and 12 who attend school. She doesn't have her own house so she rents. Señora Martha has been privately employed for 3 years and works Monday through Saturday. In her free time she also sells all types of clothing as a street vendor. She has been a member of the communal bank for 2 years. With this new loan she will buy clothing so she can have greater variety for her customers. He goal is to have a vehicle.

In this group: Celia Deifilia, María Alicia, Tania Verónica, Julia Esthela, Martha Verónica, Gerardo María, Diego Xavier, Pablo Andres
*not pictured

Translated from Spanish by Kiva volunteer


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