A loan of $1,300 helped to buy tables, chairs and foodstuffs.

Alis Gioconda's story

Alis is taking out her fourth loan in the “Uncovia” communal bank. This group meets monthly in the foundation’s offices. She lives in the city of Cuenca’s Uncovia sector. This city enjoys a cold climate and is bathed by four rivers. It’s been a Cultural Heritage of Humanity since December, 1999, thanks to its colonial architecture. Its residents are kind, gracious people and they still retain the culture and tradition of its peoples.

Alis is 38-years-old and lives in a free union; she’s had three children who are 17 and 13 years old and a newborn baby boy. Her older children attend a secondary school in the city. Her husband is a referee. She does not own a house; she rents.

She’s been working selling food for some time now, an activity she does gladly because it’s her own business and she loves to cook. She saw in this work an opportunity to get ahead and help her family economically.

She used her previous loan to buy foodstuffs for her business and had no problem making the payments on this loan. On this occasion, she’s repeating the loan because she wants to buy tables, chairs and foodstuffs to continue expanding the business. She likes the communal bank because of the fellowship that exists among all the group members.

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Translated from Spanish by Kiva volunteer Polliz

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Loan details