A loan of $5,400 helped a member to buy provisions.

Ilusiones (Cuenca) Group's story

Ilusiones Communal Bank is made up of nine women entrepreneurs who strive every day to improve the financial stability of their homes and to get ahead with their families. They work in various jobs that allow them to be financially independent. They live in different parts of the city of Cuenca, known for its cold climate and a mix of colonial and modern that gives the city a quaint and special character. The people still preserve the culture and traditions of their ancestors.

One of the members of this group is Transito. She's on the fourth loan with her communal bank. She lives in the community of San Miguel in the parish of El Valle in Cuenca. She's 47 years old and divorced, and from her marriage has two adult children who study in a university in the city. The house they live in is the fruit of her efforts and her husband's.

Transito has worked in her store for 25 years. She makes the most of her own place to make and sell fast food. She works every day of the week without a set schedule. She also raises animals such as pigs, chickens, and guinea pigs, which she sells when they're fattened.

She's going to invest her loan in buying provisions to supply her store.

Her goal is to improve her little house because it has deteriorated over time.

In this group: Trancito María, Miriam Soledad, Fanny Isabel, Aida Guillermina, Eva Cecilia, Rosa, Zoila Rosario, Ana Magaly, Jannette Del Rocio

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Translated from Spanish by Kiva volunteer Catharine Wall

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Loan details