A loan of $2,400 helped a member to buy a cart.


Nuevos Senderos (Cuenca) Group's story

The ‘Nuevos Senderos’ [New Paths] communal bank is comprised of eight women who devote themselves to various business activities. These business activities allow them to improve their household finances. They are tenacious women who work day to day in order to get their families ahead.

They live in different parts of the city of Cuenca, which has been a Cultural Heritage of Humanity since 1999. It is bathed by four rivers, and it has various places to visit and to enjoy nature. Its people are kind, charming, and cordial. Its greatest pride is maintaining its culture and traditions.

Gladys is one of the members of the group. This is her fourth loan with the Nuevos Senderos communal bank. She lives in the Vergel sector of the city of Cuenca. She is 25 years old and married. They have two children, ages six and four. Her first daughter goes to a school in the area. Her husband is a driver, and he works driving a taxi. They do not have their own house; so they rent where they live.

She is from the Santo Domingo de los Tachilas province, and she has lived in the city of Cuenca for eight years. She has been selling clothes for one year. She sells by traveling throughout the city, without a fixed schedule, three days a week. She has a great variety of merchandise. She has all types of clothes for her discerning clientele. She has also been working for one year as a domestic employee, which she does part-time.

As a tenacious and hard-working woman, she will use her new loan to buy a cart in order to sell ‘pinchos’ (meat on a stick).

Her goal is to have her own house.

In this group: Marcela Elizabeth, María Beatriz, Elvia Margarita*, María Paztora, Deisy Mariana, María Elena, Blanca Josefina, Gladys Marcela
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish


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Loan details