A loan of $2,500 helped a member to buy cosmetics.

Las Lideres (Cuenca) Group's story

The Las Líderes Communal Bank is made up of six women, some of whom have been members of other communal banks, while others are taking out loans with a communal bank for the first time. They are all known for being hardworking women who do different kinds of work to cover their household expenses. They are also all very kind and charismatic. They live in different areas of the city of Cuenca, which is well known because its people keep the torch of their traditions and culture burning. This city has colonial and modern architecture and it has several places to enjoy the beauty of nature.

One of the group's members is Melva. She lives in downtown Cuenca; she is 32 years old and married. She has one 10-year-old daughter and she is only days away from giving birth to her second child. Her husband is a professional taxi driver who works driving his own cab. They do not have their own home, so they rent.

Melva started selling cosmetics ten years ago. She works selling to her friends and acquaintances. She had to leave her previous job working in a boutique because of her pregnancy.

She will use her loan to buy cosmetics to increase her stock and her sales.

Her goal is to have her own boutique because she likes sales a lot.

In this group: Fanny Laura, Aida Cecilia, Maricela Carolina, Teresa De Jesús, Lourdes Cristina, Melva Irene

Translated from Spanish by Kiva volunteer Alyson Trowbridge

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