A loan of $1,100 helped to buy ingredients to bake with.

Laura María's story

Laura has belonged to La Merced communal bank for eight years. She lives in the neighbourhood of the parish of Santa Ana in Cuenca, a place surrounded by mountains that make for some beautiful landscapes. The weather is cold but the people's hearts are warm. The inhabitants work mainly in trade, animal husbandry, and agriculture. They still uphold the culture and traditions of their forefathers. Laura is thirty-seven years old, married, and has four children, aged 16, 12, 9, and 6. The oldest two go to secondary school and the youngest two go to primary school in the neighbourhood. Her husband is an employee in the private sector, and they own the house they live in thanks to their hard work. Laura started her shop seven years ago. She works every single day of the week without a fixed schedule and, since she is very keen on developing her business, she started a bakery four months ago. She bakes various products. She will use the loan to buy ingredients such as flour, eggs, butter, sugar, etc. in order to bake bread and make this new business of hers grow. Her goal is to own a bigger bakery and to buy the machines she needs.

Translated from Spanish by Kiva volunteer

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