A loan of $1,000 helped to purchase sodas, ingredients, ceramic ware, and decorations for her restaurant.

Teresa Leonor's story

Teresa is a member of the United Women cooperative bank, a large group of women that meet every two weeks in the offices of ESPOIR, in Jipijapa, a small town on the Ecuadorian coast. She is 60 years old, married, and has 4 children and 7 grandchildren. 3 of her children now live on their own, while one still lives with her and helps her with her business. Her husband works in construction.

Teresa sells food from her home, located 4 blocks from the center of town. For 3 years, she has had a small restaurant called “Teresita”. She sells lunch and snacks, and prepares a variety of dishes based on her customers’ likes and the ingredients she has on hand. Lunches generally consist of a soup and a main course, while afternoon snacks might be rice stews and roasted meat (chicken or beef). She starts cooking in the morning, and customers begin to arrive for lunch at 11 am. She finishes selling food at 9 or 9:30 at night. Each day, she sells 20 lunches and 30 afternoon snacks. She makes the food herself, but does have help from her son and another lady.

Teresa is requesting this loan so she can buy sodas, ingredients, and ceramic ware to replace the one she is currently using (which is somewhat damaged), and also some decorations to improve the ambiance of her establishment.

She tells us she has great ambitions for the future, for example, traveling to Spain to visit some of her relatives that are living there.

Translated from Spanish by Kiva volunteer

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