A loan of $625 helped purchase cell phone casings, cell phone accessories, and TV remotes.

Aidé Esperanza's story

The community bank 3 de Mayo [May 3], meets every two weeks in Picoaza parish in the city of Portoviejo, an area known for its shopping area, the traditional feasts of Saint Peter and Saint Paul, and the happiness of its people.

Aidé has been a member of the community bank for 10 years, and she likes the benefits it provides and that it makes it easy to apply for loans. She is 33 years old, married, and has four children, who are 4, 9, 12, and 13 years old. The two oldest are in high school and the younger ones are in primary school and pre-school. Her husband is a merchant.

She is a housewife who is applying for this loan for her husband's business, which sells TV remotes, other electronics, cell phone casings, and other cell phone accessories. He works at this business from 8:00am until 6:00pm. He travels through the city streets offering his products. He has been doing this work for six years, and he has had good and bad moments, but he knows how to work hard. He goes to Guayaquil to purchase his products.

This loan will be used to purchase TV remotes, cell phone casings, and phone accessories. Their dream is to have a cement house since the one they have now is made of cane.

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Translated from Spanish by Kiva volunteer Eileen Lloyd

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Loan details