Total loan: $2,825

Santa Marianita (Portoviejo) Group

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Portoviejo, Manabí Province, Ecuador / Food

Santa Marianita (Portoviejo) Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy fruits and vegetables.

Santa Marianita (Portoviejo) Group's story

The communal bank 'Santa Marianita' is made up of 11 women and 1 man. Ana is a member of this communal bank. They have meetings every two weeks in the parish Pacoaza, which is in the city of Portoviejo. Ana is 30 years old, she is married by civil union, from which she has two children who are 12 and 3 years old. The oldest child studies in junior high. Her husband is a salesman. She told us that the members of this group are involved in different businesses involving general commerce and offering services. This is the first loan cycle for the group. They hope to continue working together for a long time, because they recognize the opportunity that is offered through the institution to be able to access loans very quickly and with very low interest rates. Ana is a very good mother and housewife. She is taking the loan out to be able to help her husband. He will use it for his business, in which he sells fruits and vegetables. He sells in the city market from a small stall, four days a week. On these days he wakes up very early to go to the wholesale market where he buys his products, which he then resells to the people that come to him in the market. He has been doing this for over 15 years, which has allowed him to help his family get ahead. This loan will be used to buy fruit and vegetables to sell to his customers. Their dreams are to give the very best to their children and to have a small grocery store in their home. The small picture is of one of the members who was not able to be there, for other work commitments. the day the group picture was taken.