A loan of $3,200 helped a member to buy cosmetics.


Ligia Judith's Group's story

The Mujeres de Esperanza Community Bank is comprised of six women who live in the outskirts of Cuenca, a city that enjoys a wonderful cultural heritage, colonial architecture, and beautiful places nearby. Its people are friendly, kind, and work hard to improve their economic situation and help their families get ahead. They keep alive the culture and traditions of their towns. One of the members of this group is Sra. María Dolores who is in her third loan cycle with the Mujeres de Esperanza Bank. She lives in a beautiful part of Cuenca. María enjoys being part of the bank because of the commitment and friendship she receives from her companions. She is 28 years old, married, and has three children aged 8, 7, and 2. The two oldest attend school in the city. Her husband is a truck driver. They live in a rented house. María has been selling cosmetics for two years, a job she does whenever she has the opportunity. Six months ago she also started selling meat but only on market days. At the moment this business is going well. She wishes to use the loan money to buy cosmetics. Her goal is to be a cosmetics catalog sales director.

In this group: Ligia Judith, Rosa Ines*, María Dolores, Rosa Nieves, Leonor De Jesús, Rosa Eulalia
*not pictured

Translated from Spanish by Kiva volunteer Jane A


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Loan details