A loan of $825 helped purchase tables and chairs to increase business.

Maria Agustina's story

Señora Agustina is a client of the Community Bank Rocafuerte, a group of 21 women who live in the town of Rocafuerte, approximately half an hour from the city of Portoviejo. The city is well known for the sweets sold there. The Rocafuerte group is very united, and the women get along very well with each other. The day we interviewed Sra. Agustina it was the birthday of one of the members, so some snacks were served, and each woman chipped in some money for a gift.

Sra. Agustina is 46 years old and lives with her two small children (8 and 5 years) and their father. She has a cafe style dining room in her home, a business she opened two months ago. She sells cakes and starch bread each afternoon between 2pm and 7pm, in addition to serving lunch on Sundays. Agustina previously raised chickens,but decided to change businesses, and so far this has been going very well. Some days she sells everything she can produce. Agustina lives in a well-travelled area near a bus stop, and since she moved her ovens outside she has had many more customers, brought in by the smells and sights. She says she learned to cook by guessing, as no one every formally taught her.

Sra. Agustina is asking for a loan from the Fundación ESPOIR to buy tables and chairs to expand her business. She is also thinking of buying another oven in order to produce more, and this costs $140 cash or $180 in payments.

Sra. Agustina says that she has many dreams for the future, but the greatest is to have her own home (currently she and her family live in the home of her mother-in-law). Her children are growing, and they want their own home. They are already talking about buying the furniture.

Translated from Spanish

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