A loan of $4,200 helped a member to buy clothing,.

Las Comerciantes (Cuenca) Group's story

The “Las Commerciantes” communal bank is made up of 10 ladies who sell various types of merchandise. The all work in the city market and offer their products to their customers on a daily basis. Their collective goal is to get their families ahead and provide their children with a better future.

They live in different parts of the city of Cuenca; this city has a cold climate and its varying geography makes this a beautiful city. It’s been designated as a World Heritage Site since 1999 and its people maintain their culture and traditions.

Geranrdina is one of its members and this is her third loan through “Las Comerciantes.” She is 50 years old, married, and has two children, one of whom is married and on his own. Her youngest son is 13 years old and attends a local school. Her husband works as a private employee. They live in a rented house.

Gerardina is a merchant who has been selling clothing for 10 years, but only on days when there is a fair in town. She spends the rest of the time caring for the family at home.

She will use the money from this loan to buy clothing to increase the amount of merchandise. Her dream is to have a home of their own.

In this group: Norma Catalina, Miriam Marlene, Ana Lucia*, Gerardina, Mónica Beatriz, Transito Guadalupe*, Gloria Esperanza, María Dolores, Ana Lucia, Rosa Alicia

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Translated from Spanish by Kiva volunteer Hugo Reyes

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