A loan of $6,700 helped a member to buy food and educational materials.

El Reencuentro (Cuenca) Group's story

The 'El Reencuentro' community bank is made up of nine women and one man who all live in different parts of the city of Cuenca. This is the third most financially important city in the country. Its natural and cultural wealth make it a very special city. The cuisine is very wide ranging and delights both locals and visitors alike. The people are friendly, kind and very charming. Our members are noted as being very hard-working women who work hard every day in order to improve their households' financial status and provide for their families. They still maintain the culture and traditions of their people.

One of the members of this group is Nancy. Nancy is 45 years old, married, and has three children who are 19, 18 and 13 years old. Her eldest daughter is studying at University and her other two children are in high school. Her husband works as a driver. They do not own their own home. They live in her in-laws' home but independently.

Our member spends most of her time at home taking care of her household. In order to help with the household expenses, she looks after children, for which she is paid monthly. She has been in this business for five years and works from Monday to Saturday, from 9.00am to 7.00pm.

This is Nancy's second loan as a member of her community bank. She will invest it in buying food for her household and educational materials for the children that she cares for.

Nancy's dream is to own her own home.

The small photo is of two of the members who couldn't be present when the group photo was taken.

In this group: Miriam Karina, Luz Transito, Sara Patricia*, Adriana Isabel, Fanny Leonor, Jessica Andrea, Fanny Virginia, Saul Sebastian, Nancy Patricia, Narcisa De Jesús
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details