100%

funded

Total loan: $1,600

Carmen Guadalupe

Flag of Ecuador
Portoviejo, Manabí Province, Ecuador / Food

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A loan helped to buy rice and animal feed made from rice.


Carmen Guadalupe's story

The members of the “Crucita” communal bank meet in Portoviejo Canton’s Crucita Parish. This location is known for the beautiful beaches that surround it and are very popular with national and foreign tourists. It is called “Crucita la Bella” (Crucita the Beautiful). The zone is currently affected by the April 16th earthquake. In this place lives Carmen, 50. She is married and has three children from this relationship, all older in age. One studies in university and still lives in the house. Her husband is a merchant. She and her husband work in sales, with the aim of making a living and getting ahead. They make a living by buying and selling rice, animal feed, and rice byproducts, which they buy at a mill in Charapoto. Later, in their car, they take them to Portoviejo - to certain stores in this city where they have very good clientele. They sell by the quintal, by 25 pound sacks, or by 10 pounds, in accordance with the necessities of their clients. They leave them on credit and go collecting payment by the week and, in this way, sell again. They have been doing this for over 20 years and make a living this way. This loan is to buy rice and animal feed made from rice. Carmen is a founding partner of the communal bank, and she likes it because the loans help them a lot. Her dream is to keep moving forward.