A loan of $3,575 helped a member to buy chickens and feed for them.

Nueva Esperanza (Cuenca) Group's story

The “Nueva Esperanza” comunal bank is made up of 9 members who are hospitable and friendly women who have warm hearts. They work in different businesses, work which allows them to cover their personal expenses and help their families get ahead so they can provide them with a better future. They live in different areas of the city of Cuenca, which has been a World Heritage site since December 1999. This city is bathed by 4 rivers, its huge variety of cuisine captivates the palates of its inhabitants and visitors, and its residents preserve the culture and traditions of their peoples.

One of the members of this group is María Baltazara. She is 45 years old, a widow, and does not have children. The house she lives in is her own property.

María Baltazara has worked in a seafood restaurant for a few years. She works from Sunday to Sunday from 8:00 in the morning until 4:00 in the afternoon. At home she raises cows, pigs, and chickens, which she sells when has economic need.

She is in her third loan cycle with the communal bank and she is going to use it to buy chickens and feed for them.

Her goal is to grow her animal raising business.

In this group: Amada De Jesús, Mónica Catalina, Alba Maribel, María Baltazara, Luz Aurora , Celia María, Angelita María*, Alexandra De La Nuve, Juana Delia

Translated from Spanish by Kiva volunteer Jennifer Day

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