A loan of $875 helped to buy cattle and fabric.

Zoila Balvina's story

Zoila is requesting another loan with her friends and fellow San Vicente communal bank members. She lives in Cuenca’s Victoria Portete zone which has a cold climate and beautiful scenery. Its residents are kind, gracious and still retain their culture and traditions. The main sources of income are agriculture, animal husbandry and commerce that’s carried out in the city.

Zoila, 43, is married and has four children who are 22, 19, 17 and 15 years of age. Her oldest two children work and help her out economically. The next two attend the local secondary school. Her husband works in construction and the house they live in is their property.

Zoila works doing field work like raising animals and agriculture, activities she learned as a little girl. She also embroiders having learned this by working at it and because she’s skilled at it. Now, all these activities provide her with the opportunity to improve her economic stability and to get ahead with her entire family. It’s also allowed her to be independent economically.

She used her previous loan to buy pigs and thread and will use the new loan to buy cattle and fabric. She likes her communal bank because of the unity and solidarity that exists among them as well as the loans that have allowed her business to grow. Her goal is to have a vehicle of her own.

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Translated from Spanish by Kiva volunteer Polliz

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