A loan of $5,525 helped a member to buy guinea pigs and chickens.


Nuevo Porvenir (Cuenca) Group's story

The communal bank "Nuevo Porvenir" has 12 members who live in Cumbe parish in Cuenca. This is a place with a beautiful countryside that provides one with peace and tranquility outside the noises of the city. Its architecture is a mix of ancient and modern, and the main source of income for the residents is farming, animal husbandry and retail trade. The people of this place, just like the members of this bank, are known to be friendly, cheerful, and charismatic. They struggle each day to improve the economic stability of their households, while still maintaining their culture and traditions.

One of the members of this group is Olfa. She joined the communal bank "Nuevo Porvenir" 6 years ago. She is 37 years old and is married. She and her husband have 2 children, aged 17 and 15, who attend a local school. Her husband works daily in construction as a mason. They live in a home that they bought through their joint work.

Olfa does the housework, but as she lives in the countryside she also farms. The crops she grows are only for the family's consumption. She also raises and sells guinea pigs, sheep, and chickens, and knits scarves and sweaters that she sells to her friends and acquaintances, since this is a skill that she had learned.

Olfa will use this loan to buy guinea pigs and chickens.

Olfa's goal is to grow her animal husbandry business.

In this group: Carmen , Carmen Rosalina*, Olfa Mercedes, María Margarita, Ligia Celestina, María Natividad, María Asunción, Delfina Dominga, María Guillermina, María Dolores, Rosa Leticia, María Dolores
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar


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