A loan of $2,400 helped a member to buy construction materials.

Las Minas (Cuenca) Group's story

The Las Minas communal bank is made up of six female members and one male member who live nearby the El Valle parish in Cuenca. This parish is nestled among a series of mountains due to its rugged geography. There are many places to enjoy nature, and the area has a mixture of modern and new architecture. Its people, like these members, make their living in agriculture, rearing animals and sales, and some people work in the city performing different economic activities. The citizens are characterized as being friendly people with big hearts who still maintain their town's culture and traditions.

One of the members of this group is Sonia, who she is requesting her first loan with the Las Minas communal bank. She is 20 years old and lives in a common-law marriage and has a two-year-old son. Her husband works as a builder, they do not have their own home which is why they live in their parent's home but in an independent manner.

For some time now, Sonia has been working as a housekeeper. She works from Monday to Fridays all day. At home, she rears guinea pigs and chickens, as well as growing plants and what she harvests is for her household's consumption and for sale.

Her loan is to buy construction materials to build a new chicken coop for her chickens. Her aim is to have her own home.

In this group: María Cristina, Verónica Alexandra, María Asuncion, Rosa Lucrecia, Sonia Maribel, Galo Vinicio, Digna Isabel

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Translated from Spanish by Kiva volunteer Severine

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