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Total loan: $1,100
Manta, Manabí Province, Ecuador / Services
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María Elena's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy water and fuel.
María Elena's story
The Nueva Fortaleza [New Strength] Communal Bank meets every fortnight in the city of Leonidas Proaño in the Manta Canton, a city known for its beautiful beaches which are much visited throughout all seasons of the year and for being a city of unparalleled beauty with many attractive tourist sites. This is where Maria lives, she is 62 years old, married and has three grown-up children, two of her children still live at home. Her husband is a water tanker driver. Maria is a very good wife who is taking out this loan for her husband's business which is selling water from a tanker, as in the area where they live there is no drinking water so her husband benefits from selling this vital liquid. He also takes it to other places outside the city and to certain local businesses, he sells by trip or by tank, according to his customers' needs. He has been in this business for 30 years which has gotten his family through. This loan is to buy water and fuel for the tanker. She has been in this communal bank for three cycles and she likes it because of the help that the bank provides. Her dreams are to buy a new water tanker.