A loan of $1,000 helped to buy chickens and a freezer.

Nilda Elizabeth's story

The Los Corrales community bank meets every two weeks in a town called Los Corrales which is a few minutes from Montecristi, a city with a rich prehistoric culture. The inhabitants of this town carry out a number of different business activities such as handicrafts and general commerce.

This is where we find Nilda who is 41 years old, married and has two children aged 13 and 5. The eldest child is in high school and the other is in elementary school. Her husband works for the company La Fabril in the town of Manta.

Nilda sells chickens by the pound or whole. She has a stall in the Tarqui market in Manta. She works Fridays, Saturdays and Sundays from 5.00am to 1.00pm. She buys the chickens in a farm near her home which makes it possible for her to buy and select chickens. She then takes them to her stall to sell.

This loan will be used to purchase more chickens because sometimes she doesn't have enough and a freezer in which she can leave the chickens for another day when she can't sell them all. She has been a member of the community bank for three loan cycles and she likes it because of the support she has received.

Her dreams are to continue working as she has up until now and to be able to buy a car.

Translated from Spanish by Kiva volunteer Linda Oxnard

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Loan details