A loan of $4,725 helped a member to buy groceries.


Bankito Progresista (Cuenca) Group's story

The Bankito Progresista (Progressive Bank) communal bank is made up of eight women who are already a family. They all help each other to reach the same goal, which is their own improvement and to give their children a better future. Their pride is to maintain the cultures and traditions of their towns. They live in the surrounding areas of the Turi de Cuenca parish. This place is known as the viewpoint of the city because from the highest point one can admire the city's beauty. Its people make a living through trade, raising animals, and agriculture.

One of the members of this group is Señora María Isabel. She has been a member of Bankito Progresista for a year and a half. This time has given her the opportunity to better know her friends and to share pleasant moments, at the same time that the loans help her to continue growing her business.

Señora María Isabel is 38 years old, married, and from this union has 3 children who are 13, 18, and 24 years old. Her first daughter is married and lives independently, her two sons are studying at the university in town, and her husband works in his carpentry shop. The house they live in is the product of their work.

Doña María Isabel spends time at the house, taking care of her home, and she has a grocery store where she works every day without a set schedule. Also, on the weekends she makes a living through her food business.

She will use the money from the loan to buy groceries for her business.

In this group: Ana Lucia, Diana Elizabeth, María Isabel, Rosa, Rosa Obdulia, Marcia Monserrath, Julia Teresa, Gladis Susana

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Translated from Spanish by Kiva volunteer Stephanie Sawyer


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