A loan of $4,000 helped a member to buy foodstuffs.

Pucacruz (Cuenca) Group's story

“Pucacruz” is a communal bank composed of ten hardworking, tenacious women who work in different activities like raising livestock and agriculture and some work in the city. Their virtue is the joyous way they perceive life and their desire for self-improvement; they retain the culture and traditions of their peoples. They live in a sector with the same name as the communal bank that belongs to El Valle Parish in Cuenca. This parish has grown considerably thanks to commerce that increases daily. Its style of architecture is a mixture of the old and the modern; it has several places to visit and to enjoy nature in.

One of the group members is María Rosario who is taking out her second loan in this communal bank. She’s 44-year-old, married and has had ten children who are 25, 22, 19, 15, 14, 11, 9, 7 and 2 years of age. Her two oldest children are single but live independently, the next two attend school, work and help out economically, her fifth attends secondary school, four are in elementary school and her youngest is in child care. Her husband works in construction and they own the house they live in.

María Rosario has had a store for the last 22 years where she works Sunday to Sunday with no fixed schedule. She also raises pigs, guinea pigs and sheep and especially dairy cattle she gets milk from to make cheese. She also works in agriculture but what she grows is only for home consumption.

She will use the loan to buy food items for her store. Her goals are to expand the store and make home improvements.

In this group: María Rosario, María Dolores, María Transito, María Yolanda, María Angela, Rosa Patricia, Fanny Valvina, María Teresa, Lourdes Magdalena, Beatriz

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Translated from Spanish by Kiva volunteer Polliz

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