A loan of $550 helped purchase coconut, sugar, and bags.

Betsy Alexandra's story

In the parish of Picoaza, which is a few minutes away from the capital of Manabita, we visited the San Andrés Communal Bank. The inhabitants of this area are involved in different forms of trade such as selling clothing and cooking utensils. During the Christmas season, this is the place to find the most affordable toys of all types.

Sra. Alexandra is 28 years old and has three children. She has been part of this Communal Bank for the last two loan cycles. Alexandra and her husband opened a small candy store, with her specialty being coconut macaroons. Her mother-in-law was the person who convinced them to start this business. Alexandra is in charge of preparing the sweets while her husband is responsible for conducting the sales.

She has owned her business for six years and says that it has helped her to grow personally and professionally. Now that her business is well-established, she plans to continue working in the same manner because she enjoys the experience. With this new loan she will invest in raw materials such as coconut, sugar, and bags. Now that she has more customers, her coconut macaroons are selling in other provinces.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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