A loan of $2,100 helped a member to purchase hair cutting implements, scissors, dyes, and other items for her studies.

Racar Bajo (Cuenca) Group's story

The Racar Bajo Communal Bank is comprised of five female and three male members who live in the community of Racar, in the city of Cuenca. This city, known for its cold climate, abundant natural resources, and architecture, was named a UNESCO World Heritage Site in December of 1999. The inhabitants are warm-hearted, friendly, and courteous people who maintain the culture and traditions of their towns. Most of the members work in the trades taught to them by their parents, and carry on the traditions of making bricks, animal husbandry, and agriculture.

One of the members of this group is Mayra. She is 20 years old, unmarried, and lives with her parents. Her father works outside of the country and her mother has a brick factory. Mayra works in a sewing workshop from Monday to Friday from 8:00 in the morning until 6:00 in the evening. She has held this job for one year. On the weekends, she studies at a beauty academy.

She has been a member of the communal bank for one and a half years. She plans to invest the new loan in the purchase of items for her studies such as hair cutting implements, scissors, dyes, and other products. Her goal is to complete her studies and become a professional hair stylist.

In this group: Zoila Paulina, Delia Elizabeth, Julio Santiago*, Milton Patricio, Mayra Liliana, Segundo Gerardo, Aida María, Guadalupe Del Rocio

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz

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