A loan of $3,225 helped a member to buy new crockery and food.


Despertar (Cuenca) Group's story

The communal bank "Despertar" is made up of 8 women who are very hardworking and tenacious. They work in different activities, such as retail trade, and some of them work as private employees. All of the members are kind and gentle people who, in spite of the adversities they face, are trying to get ahead. They live in the city of Cuenca, which has colonial and modern architecture, a cold climate, and beautiful places to enjoy nature. The cuisine is varied, and the people still maintain the culture and traditions of their towns.

One of the members of this group is Maria Augusta, who is taking her first loan. She is 35 years old, and is the single mother of a 10 year-old girl who attends a local school. She does not own a home, so she lives in a rented dwelling.

Maria Augusta has her own business preparing and selling food. She works Mondays through Saturdays without a set schedule. She has had this business for 7 years, and it has been growing gradually. However, she lacks sufficient capital to buy her products.

She will use the funds from this loan to buy new crockery and food.

Maria Augusta's dream is to have her own house.

In this group: Transito De Jesús*, Miriam Robertina, Mayra Yalila, Melva Victoria, Jannet Maritza, María Fernanda, María Augusta, Norma Lorena
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar


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