A loan of $3,800 helped a member to buy provisions and food for animals.


Nueva Ilusión (Cuenca) Group's story

The Nueva Ilusión community bank is made up of seven female and one male member, who live in the parish of Cumbe in Cuenca. This place is blessed with beautiful nature, mixed with the architecture of this parish. The countryside highlighted by crops make it a special place. This canton is a mix of the old and the modern, and its people keep the traditions and culture of its community alive. Cumbe is constantly growing thanks to the business its population generates. One of the members of this group is Señora Ana. She lives in the parish of Cumbe and has been part of the community bank for the past seven years. During this time, she has managed to form firm friendships with all her friends in the group. She is a very charismatic and happy member. Ana is 44 years old, and a single mother of five children, aged 27, 21, 18, 11 and 9. Her two eldest children work and help her out financially. Her third eldest studies at college, and her youngest two at a local school. She doesn't have her own home, so she lives with her mother, with whom she shares household expenses. Señora Ana takes care of household chores, but to pay her expenses and support her family, she raises and sells pigs, guinea pigs and cattle. She also grows maize, potatoes and vegetables to eat at home, and if any are leftover, she sells them. For seven years, she has sold coffee with tamales too, and is doing very well in this business. She will invest her new loan in buying provisions to make tamales and in buying food for her animals. Her goal is to buy her own house and for her children to become professionals and have a better future.

In this group: Ana Victoria, María Lorena, Dolores Beatriz, Libia Mercedes, María Francisca, Guifor Edmundo*, Marithza Beatriz, Olga Bersabe
*not pictured

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Translated from Spanish by Kiva volunteer Chloe Pilpel


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