A loan of $3,800 helped a member to buy supplies.

Camino A La Esperanza (Cuenca) Group's story

The communal bank Camino a la Esperanza (Road to Hope) is made up of eight members who live in the surrounding areas of the Santa Ana en Cuenca parish. This parish enjoys a cold climate and is surrounded by a lot of vegetation and green fields. Its architecture is a mix of modern and old. Its people have a big heart and with a lot of effort they improve the finances of their homes in order to get ahead in life with their families. They work mainly in the fields and also in the city in different jobs.

One of the members of this group is Señora Rosa. She is getting her second loan alongside of her friends and partners in the credit group Camino a la Esperanza. She likes this form of loans because it gives her the opportunity to invest in her business.

Doña Rosa is 40 years old and a single mother of two children who are seven and 17 years old. Her first son is in high school and her second son studies in the little school in town. The house they live in is their own.

For ten years, Señora Rosa has been the proprietor of a grocery store where she works from Monday to Sunday without a fixed schedule. She also makes a living raising and selling pigs, guinea pigs, chicken, and cattle. Agriculture is another task that occupies her time, and what she harvests is only for the consumption of her home.

The money from the loan will be invested in the purchase of supplies in order to continue growing her business. Her dream is to have greater capital in order to sell everything wholesale.

In this group: María Dolores, Sara Magdalena, María Luzmila, Dolores De Jesús, Rosa Elvira, Verónica Lourdes, Angelita Rosario, Julia Germania

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Translated from Spanish by Kiva volunteer Stephanie Sawyer

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