Total loan: $6,250

Barbarita (Portoviejo) Group

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Portoviejo, Manabí Province, Ecuador / Retail

Barbarita (Portoviejo) Group's loan finished fundraising,
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A loan helped to buy fish and plantain and to repair the cart.

Barbarita (Portoviejo) Group's story

The members of the “Barbarita” communal bank meet every fifteen days in El Florón in the city of Portoviejo. They carry out various activities like general commerce and services, among other activities. Patricia belongs to this group which contains 14 women and 2 men all of whom carry out a variety of activities like general commerce, services and others. They joined their efforts some time ago in order to access benefits from Fundación Espoir and during the time they’ve been together they’ve felt very good about the help received. Patricia is 27-years-old, married and has two daughters who are 7 years and 1 year old; her oldest daughter attends school and her husband’s a merchant. She is taking out the loan to help her husband with his business; he’s a merchant who sells all sorts of things like plantain, fish, sandals, etc. He goes out daily in a car they bought a year ago to do his rounds. He does this in the morning because in the afternoon he also home delivers large containers of bottled water which produces a bit of extra profit for him. He’s been in business more than 8 years but he used to do it with a three-wheeled cart until he bought his car which even though is a bit deteriorated is still very useful. They hope to use this loan to buy fish, plantain and to repair their car. This is her second cycle in the communal bank and she likes it because of the help the loans provide. Her dream is to own a small, new truck and to provide her daughters with the best.