Funded

Total loan: $1,100
Powered by 38 lenders

Mariana De Jesús

Ecuador
Portoviejo, Ecuador / Manufacturing

A loan of $1,100 helped to buy tagua.


Mariana De Jesús's story

The Familiar Communal Bank meets every fortnight in a town called Colorado, a few minutes from Montecristi. Most of the inhabitants of this area run different businesses, such as the manufacture of buttons from the tagua nut (“vegetable ivory”), other crafts and general trading.

Here lives Mariana, who is 59 years old and a widow with five children. The four eldest are married and the youngest is single and lives with her. With tears in her eyes, she tells us that her husband died four years ago but she is still grieving.

After her husband died, she set up a small button factory. She has a lathe (a machine for cutting the tagua) which she uses to make the buttons. She then delivers the product to wholesalers in Manta, who send them abroad to be finished. She works from Monday to Friday and on Saturdays she selects the buttons she will take to be sold. She buys semi-processed tagua in Manta, using this kind because it is faster to work with.

She will use this loan to buy raw materials because she would like to increase her production and benefit from her product currently being sold at a decent price in the market.

She has belonged to the Communal Bank for two years – a friend introduced her and she is delighted with it, as these loans are always a great help to her.

Her goal is to develop her business while it is God's will.

Translated from Spanish by Kiva volunteer Kate Stansfield


Loan details

Loan length:

8 months
Disbursed date: September 13, 2010
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 13, 2010
Facilitated by Field Partner: Fundación ESPOIR