A loan of $3,700 helped a member to buy clothes and some electrical appliances.


Tierra Blanca (Cuenca) Group's story

The Tierra Blanca comunal bank is comprised of nine members who live in different parts of the city of Cuenca. This city is characterized by its cold climate due to its geographic location. There are various places to enjoy nature, and in 1999 it became a Cultural Heritage of Humanity site. The city has an abundance of cultural and natural attributes. Its people maintain the culture and traditions. They are kind, friendly people who offer the best hospitality to visitors. The members work in different sectors, which allow them to pay their household expenses. One of the members of the group is María Eugenia. She lives near the Catholic citadel in Cuenca. She is a 34-year-old, single mother of an 8-year-old girl who studies at one of the city's schools. She does not have her own home, so she lives with her parents who share the household expenses with her. María Eugenia is a merchant. She sells various products such as electrical appliances and clothes. She sells by traveling to the outskirts of the city. She works Monday through Saturday, without a fixed schedule. This is her first loan with the communal bank, to which she was invited by a friend. She will invest the money from the loan into buying clothes and some electrical appliances. Her dream is to have a store where she can sell her products. The small photo shows the three members who were unable to make it when the group photo was taken.

In this group: Dora Marlene, María Carmen, Ana Luisa, Rosa Yolanda, María Eugenia, Tania Paola, Mercedes Paola , María Eulalia, Rosa Mercedes
*not pictured

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Translated from Spanish by Kiva volunteer Amy Polenske


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