A loan of $4,200 helped a member to buy pigs, chickens, and animal feed.

Las Amelias (Cuenca) Group's story

“Las Amelias” is a Communal Bank that consists of seven women and one man who are friends and acquaintances. They strive day after day to move their families forward and improve the financial stability of their households. The members live in different areas of the city of Cuenca. The central part of the city is a mix of the colonial and the modern. Its people are friendly and warm-hearted. They have maintained the culture and tradition of their ancestors. The local food captivates the palates of those who visit this area.

One of the members of this group is Sra. Blanca, who joined the Communal Bank four years ago. She lives on the outskirts of Turi Parish in Cuenca. Blanca is 40 years old, widowed, and has eight children. Two of them are grown, married, and live independently. Two other children work and help her financially. One of her daughters is in high school and the three youngest children attend an elementary school in the city. She owns the house she lives in and it was built while she was married.

Doña Blanca manages a stand at the city market where she sells vegetables. She is her own boss and does not work according to a set schedule. At home, she raises animals such as pigs, guinea pigs, chickens, and cows. Her new loan will be invested in the purchase of pigs, chickens, and feed for her animals. Her goal is to open a butcher shop where she can sell meat.

In this group: Amelia Gricelda, Narcisa De Jesús, Diana Lucia, María Mercedes, Blanca Yolanda, María Aurora, Amelia De Jesús, Angel Daniel

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Translated from Spanish by Kiva volunteer Ronan Reodica

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