A loan of $4,400 helped a member build a classroom.

Las Doras (Portoviejo) Group's story

The Las Doras loan group meets every fortnight in the Avenida del Ejército street in the city of Portoviejo, capital of the Manabi province which has been known for many years as the city of the Tamarind Kings. The group is very close and its members are very friendly, even though it is only in its first cycle. The members work in different activities (retail, sales, manufacture and services).

One of them is Marisol P., president of the loan group. She is 40 years old, divorced with three children, and she is currently in a relationship. She was born in Junín but at age 11 she moved to Portoviejo. She teaches tailoring and is studying at the University of Guayaquil extension.

She owns a business which provides telephone booths and computers with internet access. She works every day from 8am to 8pm. Her sons help her, and she pays them a salary that supports them with their studies. The business is based in her house, which makes it possible for her to also do the housework and teach, as she also gives classes supervising homework. She says her business is doing well because it is the only one in the field.

The loan will be used to build a suitable room where to teach her classes. This is her first cycle with the bank and she is very pleased; she likes the ease of getting credit. Her goals are to continue in business and to keep on teaching for the benefit of her community.

In this group: Detty Marisol, Vanessa Maribel, Neida Matilde, Juana Del Rocío, Herlinda Natividad, Maron Aquiles, Olga Monserrate, María Auxiliadora, Nancy Marlene, María Hercilia, Letty Moserrate, Aura Marisol

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Translated from Spanish by Kiva volunteer Alba Sort

Loan details

Lenders and lending teams

Loan details