A loan of $5,950 helped a member to buy chickens.

Yanaturo Alto (Cuenca) Group's story

The Yanaturo Alto communal bank is made up of 13 ladies who are friends and neighbors. The communal bank has helped to solidify their friendship. All of the women are hardworking and every day try to better the financial stability in their homes.

They live in the Yanaturo of the City of Cuenca. Economically this is the third most important city in the country and has been a World Heritage Site since December of 1999. Its people are friendly, gentle, have warm hearts and continue their culture and traditions.

María Delfina lives in the Floresta sector in Cuenca and is getting a second loan from the Yanaturo Alto communal bank.

María Delfina is 37 years old, married, and has five children, ages 20, 18, 12, 8, and 6. Her oldest son works and helps out financially. Her a oldest daughter helps in the home and her next youngest attends high school. Her three youngest attend local schools. Her husband works as for a private company and they all live in a rented home.

María Delfina works Monday through Friday cleaning offices and classrooms at a university. She’s been doing this for six years and she likes it because she gets a steady salary. Since she is an enterprising woman, she will use the money from this loan to buy chickens to begin this business.

Her goal is to have her own business, such as a store, and also to have a cart so she can sell meat on a stick.

In this group: Miriam Catalina, María Soledad, Silvia Dayana, María Angeles, Carmen María, Virginia Francisca, Carlota Concepcion , Rosario , Mariana De Jesús, María Delfina, Adelia Marina*, Rosa Elvira, María Josefa
*not pictured

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Translated from Spanish by Kiva volunteer Hugo Reyes

Loan details

Lenders and lending teams

Loan details