A loan of $1,000 helped to buy underwear, Christmas decorations, and toys.


Ligia Aracely's story

The 3 de Mayo Communal Bank meets every two weeks in the Picoaza parish in the city of Portoviejo. This place is known for being a very commercial area, for its traditional San Pedro and San Pablo fiestas, and for its happy people. This is Ligia’s seventh cycle in the communal bank. She is very happy because the loans have helped her a lot in her business. She is 55 years old, married, and has five children. The children are now adults, but two of them still live with her in her house. Her husband is a merchant. She has a business selling underwear and sport shirts. She and her husband take care of the business, which is in their own house. They work from 8:00 a.m. until 6:00 p.m. They sell wholesale to merchants in the area. They sell on credit and give a good price. They get their merchandise in Guayaquil city, where they travel once a month. On other occasions they only make orders and have them sent. During this season they are also selling Christmas decorations and toys. She will use this new loan to buy underwear, Christmas decorations, and toys. Her goals are to have good health and to buy a good car.

Translated from Spanish by Kiva volunteer Ginny Kalish


Loan details


Lenders and lending teams



Loan details