A loan of $3,250 helped a member to buy school supplies.

Caritas Alegres (Cuenca) Group's story

The communal bank Caritas Alegres is made up of 10 members who work in a market in the city. They live in different parts of the city of Cuenca that is known as Saint Anne of the four rivers. Since December 1999, it is a Cultural Heritage Site. It is a city rich in culture and traditions. Its gastronomic variety captures the palate of natives and foreigners. Its people are friendly, kind and very charismatic, like our members, who are fighting, entrepreneurial women that look, in their daily work, for the best opportunities that will get their families ahead.

One of the members of the group is Martha. She is 27 years old and a single mother of three children who are 12, 10 and 7 years old. All her children study in the city school. They do not have their own house, so they rent.

Martha works in the market selling potatoes, for which they pay her a monthly salary. She has been working in this job for 15 years. She works from Sunday to Sunday from 7 in the morning until 7 at night.

In the communal bank, she is in her second loan cycle and will invest her loan in her children’s schooling expenses.

Her goal is to have her own business selling potatoes, since she knows the business already.

The small photo attached is of a member who, for health reasons, was not able to be present when the group photo was taken.

In this group: Noemi Leticia*, Johanna Alexandra, Guadalupe Maribel, María Dolores, Gladys Esperanza, Cecilia Verónica, María Transito, María Adelina, Martha Beatriz, Ines Delia
*not pictured

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Translated from Spanish by Kiva volunteer Jacqueline Demeranville

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Loan details