A loan of $6,550 helped a member to purchase clothing and cosmetics.

María Reina De La Paz (Cuenca) Group's story

The community bank, María Reina de la Paz, is made up of 14 female and 2 male partners, all of whom are kind, genuine and hardworking. All of these members struggle on a daily basis to support and provide a better future for their families. They all live in the city of Cuenca, which has a cold climate. Since December of 1999, Cuenca has been a recognized by the UN as a city with great Cultural Heritage of Humanity, and it has maintained its natural and cultural beauty. The people of Cuenca are kind hearted, and continue in the traditions and culture of their ancestors.

One of the group members is Rosaura, who is 52 years old and is married with eight children. Two of her children are married and live with their families, while three of her children are employed and contribute to their family’s economic situation. One of her sons is studying at a university, another is in high school, and her youngest son attends a public school in Cuenca. Her husband works as a private security guard, and contracts out his services. They live in their own house.

Rosaura completes the chores around the house, and uses her free time to travel around the area selling clothing and cosmetics. She began working in sales three years ago, and works seven days a week without a fixed schedule.

This is her third loan through the community bank, and with the support from this new loan, she plans to purchase clothing and cosmetics so that she can continue her business. She hopes to continue growing that business, and her goal is to eventually buy land.

The small photos of the three women and one man are of the group members who were absent when the group photo was taken.

In this group: María Narcisa De Jesús, Livia Asucena, Elsa Beatriz, Patricia Marlene, María Beatriz, Ruth Alexandra, Mónica Edith, Rosaura, Blanca Carmita, Mónica Andreina, José Gabriel, María Dolores, Martha Alexandra, Leticia Eloisa, Guido Fernando, Valeria Adriana

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Translated from Spanish by Kiva volunteer Gillian Goodrich

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