A loan of $1,875 helped a member to buy wood.

Asunción (Cuenca) Group's story

The Asunción Communal Bank is made up of five female members and two male members who live in different areas of the city of Cuenca. This city is the capital of the province of Azuay and it is the third most important city in the country. It has been recognized as a World Heritage Site since December 1999. It has a varied gastronomy and its people maintain the culture and traditions of their ancestors.

Our members are nice and kind people who work day after day at their different occupations, which allow them to cover their household expenses and offer their children a better future.

One of the group's members is Ana. She is 20 years old, single, and lives with her parents. Her dad works in a carpenter's workshop that he owns, where he makes all kinds of furniture, doors, and windows, and her mom is a private employee. The house she lives in belongs to her parents.

Ana works at her father's business, which she has done for six months now. She works from Monday to Saturday without a set schedule.

This is her second loan with her communal bank and she will use it to buy wood for her father's business.

Her goal is to expand the family business.

In this group: Blanca Esperanza, Jaime Rodrigo, Ana Paola, Klever Orlando, María Virginia, Erika Verónica, Yolanda Cecilia

Translated from Spanish by Kiva volunteer Alyson Trowbridge

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