A loan of $1,625 helped to buy pigs.

Nancy Piedad's story

Nancy is a founding member of the 'El Cisne' community bank. During her time as a member of the bank, she has become good friends with her neighbors and fellow group members. She lives on the outskirts of El Valle parish, in Cuenca. This is a cold-climate area whose architecture is a mixture of old and new. Most of the farming that takes place is done to feed individual households. People also raise animals. El Valle has experienced a lot of commercial growth. The local people, in common with all the members of this community bank, are kind, friendly people who maintain the culture and traditions of their ancestors.

Nancy is 38 years old, married, and has four children from her marriage who are 18, 17, 8 and 7 years old. Her eldest daughter is married and lives independently. Her second daughter lives at home and helps with the household chores. Her two younger children are attending a local school. Her husband works in a carpentry workshop. They own their own home.

Nancy has been selling pigs for 12 years. She chose this line of work as a source of income so that she could help her husband to cover their household expenses and provide their children with better financial stability.

Nancy invested her previous loan in buying animals which made her good profits. She used the money to cover many of her household expenses. She will invest this loan in buying pigs so that she can continue growing her business.

Translated from Spanish by Kiva volunteer Linda Oxnard

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