A loan of $6,250 helped a member to buy yarn.


Buscando El Exito (Cuenca) Group's story

The "Buscando el Éxito" communal bank is made up of 15 members, the majority of whom work in a market in the city, and carry on various businesses, such as selling fruit and vegetables or preparing and selling food. These businesses give them the opportunity of improving their household finances and helping their families move forward in life. All are enterprising women who seek prosperity. They live in various parts of Cuenca, a city that has a cold climate. Its historic center is a mix of modern and colonial architecture, and it has a great variety of traditional cuisine that delights the palate. Its people still keep alive their culture and traditions. One of the members of this group is Nancy. She is taking out her second loan as a member of the "Buscando el Éxito" communal bank. She lives in the Totoracocha area of the city Cuenca. She is 40 years old, married, and has three children, ages 16,14 and 5. Her first two children go to a school in the city, and her youngest child goes to preschool. Her husband is a merchant, and the house where they live belongs to them. Nancy does her household chores and spends her time looking after the whole family. To help with the household finances, she works knitting a great variety of items, such as scarves and sweaters. She learned this work on her own, as she had an aptitude for it. Now she sells to her friends and acquaintances. She is going to use the loan to buy yarn, so that she can continue this work. Her goal is to have a restaurant.

In this group: Bertha Rufina, Nancy Yolanda, Alexandra Angelita, Gricelda María, Jessica Nataly, Rosa María, Miraim Johanna*, Miriam Patricia, Marisol Alexandra, Bertha Rocio, Mariuxi Alexandra, Natividad Mariana*, Nancy Imelda, Carmen Piedad, Jhoanna Cristina
*not pictured

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Translated from Spanish by Kiva volunteer Jeff Goldie


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