Total loan: $1,100
Portoviejo, Manabí Province, Ecuador / Retail
Flag of Ecuador
Angela Ramona's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy basic staples to stock her store.
Angela Ramona's story
In the city of Portoviejo, beautiful city of green mountains and enchanting vistas, known for many years as “Ciudad Del Valle” (City of the Valley), we found the place where every fifteen days the members of the “La Frontera de Urvavisa” communal bank meet. Ángela is a founding member of the communal bank and she likes it because of the help the loans provide to get ahead in her business and improve her economic situation. She’s 57 years old and her husband died several years ago but she has three children who are all now independent adults. To get ahead with her family, she has a general store at home. She sells all types of products like rice, sugar, oil, detergent, vegetables, greens and meat there. She works every day from 6am until 8pm and sometimes even later. She also sells clothes and shoes in her store and sometimes door to door. She tells us that she loves being in her store because besides earning a livelihood she keeps herself busy and keeps abreast of everything going on around her. She’s been in business more than 15 years and she does very well. She will use the loan to better stock her store. She is going to buy rice, sugar, oil, clothes, shoes and other basic staple items. Her goals are to continue in business and that the store grows more every day.