A loan of $1,000 helped tO BUY CEMENT AND BLOCKS FOR HOME REPAIRS, AND RICE TO SELL.


Maximina Esperanza's story

Maximina, 55 years old, decided to be an informal merchant, to be able to help her husband with the responsibility for the family that he bore as the only earner in the family. She lives in Perimetral, on the city's edge, and has long been known by distinct persons as a rice merchant.

Maximina carries out her work by buying rice in Daule canton, where the majority of farmers sell their harvests directly to merchants. She buys each sack of rice for $30, or at $25 wholesale.

To promote sales, she wants to use part of the loan to buy rice, then the majority to upgrade her home, since the rainy season is approaching. She will buy cement and blocks. In the future, Maximina wants to purchase a van so she can have sales mobility.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD



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