A loan of $5,950 helped a member to buy animals.


Nueva Ilusión (Cuenca) Group's story

The Nueva Illusión communal bank is made up of eight ladies and one gentleman who work at different activities which allowed them to improve their financial situations and get their families ahead. They are gentle and friendly people who keep good moods and their peoples' traditions. They live in the Cumbe en Cuenca parish, and this area enjoys much vegetation and green landscapes. It's surrounded by mountains, which gives it a special touch.

Ana is one of the members. She serves as the president of the Nueva Ilusión communal bank and is a part of this group of friends which has formed strong friendship ties with her fellow members.

Ana is 44 years old and is the single mother of five children, ages 27, 21, 18, 11 and 9. Her two oldest sons work and help her financially. Her next oldest attends high school and her two youngest attend the local school. She doesn't have a home of her own and lives with her mother and helps her with the household expenses.

Ana is a housewife but she raises and sells Guinea pigs, pigs, and livestock in order to get her family ahead. She sells the animals within her community, and also works in agriculture and her products are for her family's consumption. In the evenings she sells tamales and coffee from her home. All these activities provide her the opportunity to improve her family stability and get her children ahead. She likes to work in the fields very much because she can stay home and the home does not deteriorate.

She used the money from her previous loan to buy animal feed and ingredients for her tamales, from which she obtained some good earnings that she used to pay the household expenses. She is asking for another loan so she can buy more pigs, Guinea pigs, and ingredients for her coffee and tamale business.

She likes the communal bank because the loans allow her to continue growing her business. The small picture is of a member who was not able to attend when the group photo was taken.

In this group: Ana Victoria, María Lorena, Dolores Beatriz, Libia Mercedes, María Francisca, Guifor Edmundo, Marithza Beatriz, Olga Bersabe, Nancy De Lourdes

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Translated from Spanish by Kiva volunteer Hugo Reyes


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