A loan of $6,600 helped a member to buy dishes and ingredents.

Fé Y Alegría (Cuenca) Group's story

The “Fe y Alegría” communal bank is made up of nine ladies and one gentleman who work day to day in different businesses that allow them to improve their financial stability and get their families ahead. They live in Cuenca, a city bathed by four rivers, the same ones who give it the name “Santa Ana of the Four Rivers.” It’s been a World Heritage Site since December 1999. Its colonial architecture transports visitors into the past and its food is varied and captures its visitors’ pallets.

Trancito is one of the group’s members and has formed part of this communal bank for the past two years. She likes it because the bonds of friendship strengthen with each meeting.

Trancito is 45 years old, married, and has four children, ages 27, 24, 22, and 18. Her two oldest are married and live on their own. Her next youngest son works and helps her financially, and her youngest lives at home. Her husband works in the home since he’s retired. They live in a rented house.

Trancito is a hardworking, enterprising woman who prepares and sells fast food from Monday to Friday from 7:00 am to 2:00 pm. In the evenings she works as a private employee and has for eight years.

She will use the money from this loan to buy dishes and ingredents to prepare her products.

In this group: Carmen Yolanda, Rosario Beatriz, Rosa Aurora, María Concepción, Gladys Eulalia, Paulo Cesar, Miriam Patricia, Miriam Noemi, Trancito Piedad, Mariana De Jesús

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Translated from Spanish by Kiva volunteer Hugo Reyes

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