A loan of $1,200 helped to buy peanuts, beans, sugar, salt, and oil.


Gricelda María's story

Gricelda has been part of the Buscando el Éxito communal bank for two years, during which time she has formed bonds of friendship with all of her fellow group members. She likes the communal bank because the loans allow her to invest in her businesses and continue growing. She lives in the city of Cuenca, which has a cold climate. It is the third most important economic city in the country. Since 1999, Cuenca has been a UNESCO World Heritage Site. The local people are friendly, kind and hardworking. Gricelda, 53, is married with three children. Her oldest son is married and lives independently. Her middle son is single and works to cover his personal expenses. Her youngest daughter is studying at a high school in the city. Her husband works as a sales agent. She still does not have her own home, so she rents one. Gricelda makes and sells sweets. She sells sweet and salty peanuts and toasted beans. She has had this business for three years and it is going very well. She will use this loan to invest in the purchase of peanuts, beans, sugar, salt, and oil to make her products. Her goal is to continue growing her business.

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Translated from Spanish by Kiva volunteer Amy Volz


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