PHOTO: Glenia hard at work.
In the community of Cienfuegos, forty associates gather once every two weeks for an Esperanza Bank meeting with Rosaura, their Esperanza Loan Officer. This particular group of associates forms the Esperanza Bank named Unidas para Triunfar, or ‘United to Succeed.’ According to one associate, Glenia Vargas, the name of the bank portrays the goal of its members, who are steadily becoming united over time.
Glenia is a 39 year-old entrepreneur in Cienfuegos that has owned a small upholstery business for 13 years. She and her husband have four children together, ages 19, 13, and 16 year-old twins. When Esperanza started a bank in their neighborhood five years ago, Glenia joined and has been working diligently to improve her business and income ever since.