A loan of $3,000 helped a member to buy a sewing machine.

Conchán (Cuenca) Group's story

Conchan is a community bank made up of eight women who live in the parish of Valle in Cuenca. This region is blessed with green meadows and countryside in which you can relax and enjoy nature. This parish has experienced much commercial growth, but its people still make a living raising animals and farming the land.

The members of the bank are warm, kind-hearted people who never stop fighting to improve their economic stability and offer their children a better future.

One of the members of this group is Señora Carmen. She is requesting her second loan with her friends and neighbors from the Conchan community bank.

Señora Carmen is 44 years old, married, and has 3 children aged 24, 4 and 2 with her husband. Her eldest son is married and lives independently. Her second son is studying at primary school. Her husband is a tailor, and the home in which she lives is her own.

Like her husband, Carmen makes a living dressmaking. She has had her sewing business for the past eight years, repairing all types of clothing as well as making new clothes. She works from Mondays to Saturdays without fixed hours.

Carmen will invest her loan in buying a sewing machine. Her goal is to grow her business until she can employ assistants.

In this group: Carmen Margarita, Rosa Ubaldina, Gladis Patricia, Rosa Elvira, Narcisa Rocio, Hilda Catalina, Piedad Amalia, Martha Isabel

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Translated from Spanish by Kiva volunteer Chloe Pilpel

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