A loan of $6,225 helped a member to buy pigs and animal feed.

Bankito La Ramada (Nabón) Group's story

The Nuevo Bankito La Ramada credit group is made up of 16 women and 1 man who live in a village in the canton of Nabón, a place with a cold climate. All the local residents still maintain the culture and traditions of their villages because these are a part of their identity. Most of them work in agriculture or animal breeding and many go to work in the city of Cuenca, returning home at night. One of the group's members is María, a cheerful member who has belonged to the Nuevo Bankito La Ramada credit group for 3 years. As a member of the group, she has been able to develop friendships with all the members and the loans she receives help her to run her small business. María is 33 and is married with 4 children, aged 7, 5 and 3 years and a baby who is just 7 months old. Her two elder children go to a local primary school. Her husband works as a labourer and they own their own home. María does the household chores and looks after the children but, to help her husband financially, she breeds livestock, pigs, chickens and guinea pigs which she sells when she needs something. She is going to use the loan to buy pigs and animal feed. Her goal is to have more animals of better quality.

In this group: Celinda Marisol, Blanca Elvira, Vilma Maribel, Lidia Jaqueline, Digna Isabel, María Isabel, Digna Yolanda, María Yolanda, Margarita Clemencia, María Gladys, Martha Isabel, Flavia Domitila, Janeth Lucia, María Baleriana, María Ildefonsa, Julio Segundo, María Ercilia

Translated from Spanish by Kiva volunteer Janice Crossfield

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