A loan of $3,975 helped a member to buy fabrics, leathers, glues, threads, fasteners and eyeglasses.


Reina De La Nube (Cuenca) Group's story

The Reina de la Nube cooperative bank is comprised of 6 women and 1 man who work in different economic activities on a daily basis. These endeavors allow them to financially support their households and to get their families ahead. They are characterized for being very friendly and kind. They live in the city of Cuenca, the third most important city in the country. It has been a World Heritage Site since December of 1999, and has a great variety of cuisine; its people maintain the culture and traditions of their towns.

One of the members of this group is Mónica. She is 28 years old, married, and has 2 children ages 6 and 2. Her first daughter is studying at a little school in the city. Her husband has an upholstery workshop, and they own the house they live in.

Mónica, like her husband, works in the upholstery workshop. They have been carrying out this activity for 2 years, working on a set schedule from Mondays to Fridays.

They find themselves taking their third loan with the cooperative bank, and she is going to invest it into buying materials such as fabrics, leathers, glues, threads and fasteners for the workshop, as well as in some eyeglasses to improve her vision.

Her goal is to grow her upholstery workshop.

In this group: Rosa Amelia, Jenny Alexandra, Mónica Noemí, Carlota Soledad, María Mercedes, Juan Fernando*, Mariana De Jesús
*not pictured

Translated from Spanish by Kiva volunteer


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