A loan of $2,975 helped a member to buy straw hats.

El Mirador (Cuenca) Group's story

The communal bank El Mirador comprises one male and eight female partners, who live on the outskirts of Turi parish in Cuenca. The area, thanks to geography, enjoys the beauty of the city of Cuenca, and its architecture is a mix of old and new. The residents, like all this group's female members, are working and striving each day to improve their households' financial circumstances. Their common goal is achieving a brighter future for their families.

Blanca has been a member of the communal bank El Mirador for three years and has become friends with the other members and benefited from the loans, which have helped her business. Blanca, 34, is divorced and has two children, ages 17 and 2. Her oldest child attends a city high school. They don't own a house and live in a rented one.

Blanca sells handicrafts, particularly straw hats, all week on a flexible schedule. She will use this loan to buy straw hats to continue growing her business. Her goal is to travel to the United States.

In this group: Sonia Soledad, Blanca Esmeralda, Zoila Silvana, María Cecilia, Blanca Elvira, Paola Alexandra*, Patricio Antonio, Rocio Magaly, Luisa Catalina
*not pictured

Translated from Spanish

Loan details

Lenders and lending teams

Loan details