100%

funded

Total loan: $1,550

Gloria Margarita

Montecristi, Manabí Province, Ecuador / Food

Gloria Margarita's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy products to stock up her store.


Gloria Margarita's story

Gloria Margarita is married and has 5 children. Her husband works as an informal trader. She lives with her husband and two children in the canton of Montecristi in the province of Manabí. Here, the people are hospitable, the residents are globally recognized artisans for the straw hats they make. The city has also suffered the ravages of the harsh pandemic caused by COVID-19.

Gloria Margarita is a strong woman who started her business awhile ago by opening a store in her home where she sells ice, milk, boluses, cola, rice, lentils, etc. Before the pandemic, her clients would come because of the good service she provides, but due to fear of infection, she had to close and stop selling, which meant she could not generate income for her family. Now, however, Gloria Margarita, wants to reopen her business, seeing that the situation is normalizing little by little.

The loan from the foundation will be invested by Gloria Margarita to buy products to stock her store. Gloria Margarita's dream is to grow her store in order to generate more profits.