A loan of $4,300 helped a member to buy a cow.

San Luis De Cumbe (Cuenca) Group's story

The “San Luis de Cumbe” communal bank is composed of 8 female and 3 male members who work in a variety of economic activities making it possible for them to contribute to their home’s economies. They work in different activities like agriculture, commerce and animal husbandry; many work in the city. They live in Cumbe Parish in Cuenca. This is a cold climate place; its architectural structure blends the modern with the ancient and nature in the sector takes us out of the city’s noise letting us live moments of peace and tranquility. Its residents still maintain the culture and traditions of its peoples.

One of the group members is Rosa María. She’s 53 years old, married and has five children who are all now adults. Three of them are married and live on their own and two are single and work to cover their personal expenses. Her husband works in agriculture and the house she lives in is her property.

Rosa María stays home doing household chores and her business is raising animals like guinea pigs, fowl, pigs, cattle and sheep that she sells in her community. She also works in agriculture and her crops are for her own consumption.

She’s in her second loan with the communal bank and she will use it to buy a cow. Her goal is to have a home-based store.

In this group: María Raquel , Julia Rebeca, María Lorgia, María Josefa, Rosa María, Mario Gonzalo, Juan Bautista, Luis Alberto, Rosa Etelvina, Rosa Amalia, Segunda Mercedes

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Translated from Spanish by Kiva volunteer Polliz

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