A loan of $5,250 helped a member to buy chickens.

El Mirador (Cuenca) Group's story

“El Mirador” is a communal bank made up of eleven women and one man. Most of them live in the Turi parish in Cuenca. They have a close friendship and are now in search of a common goal so that they can come out ahead with their families. They all maintain their culture and traditions. Turi is a tourist area known as the gazebo of the city, and from there one can see a large part of the city of Cuenca. Its people are special and work as merchants, farmers, and raise livestock.

María Cecilia is one of the women who form part of the “El Mirador” communal bank. She is 48 years old and joined three years ago. She’s married and has five children. One of her daughters is married and lives on her own. Two of her sons study at university and work and help her financially. Another daughter attends the local school. Her husband is a driver and works for a private company. The home they live in is the fruit of their labor.

María Cecilia has had her own business for 11 years. She makes lunches and has select customers. In her free time she knits wool sweaters and sells them to friends and family. These activities allow her to cover her household expenses.

She will use the money from this loan to buy chickens for a new business she will set up. Her goal is to finish building her house.

One of the member’s daughters is also in the picture. She’s wearing grey and white.

In this group: Silvia Marlene, Zoila Silvana, María Cecilia, Paola Alexandra, Blanca Elvira*, Blanca Esmeralda, Patricio Antonio, Miriam Verónica, Mayra Johanna*, Martha Irene, Sonia Soledad, Luisa Catalina
*not pictured

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Translated from Spanish by Kiva volunteer Hugo Reyes

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