A loan of $725 helped to purchase corviches, breads, sodas, beverages, yogurt, tea, coffee, etc.

María Elena's story

The members of the cooperative bank Mujeres Organizadas (“Organized Women”) meet every fifteen days in the zone of Rocafuerte. This place is known for its delicious sweets, which are made by area residents and recognized throughout the country.

Our friend María is 26 years old and in a common-law marriage that has produced two children, a 1-year old and a baby that is only 2 months old. Her husband has a disc jockey business. She has been a member of the cooperative bank for one year; this is her third cycle with the bank, and she has appreciated the credit terms.

She has a pub at the Technical College of Manabí, where she sells a variety of snacks and fast foods. Her corviches and bread, among other items, are what sell most. She also sells yogurt, sodas, beverages, coffee and tea, for those who prefer these products. She works from Monday to Friday from 8 am to 11 am, and from 5 pm to 8:30 pm, and on Saturdays only in the morning. She has had the business for 6 years, and things have gone well for her. She buys the corviches and breads from a lady who makes them for her to sell.

This loan is for the purchase of more products for her to sell in her pub. Her dream is to have her own locale, since where she works now is a rented space and she has to pay monthly rent to the College.

Translated from Spanish by Kiva volunteer

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