A loan of $550 helped to buy chickens, as well as food and medicine for chickens.

Nelly Margarita's story

Every 15 days, the members of the Santa Martha Communal Bank meet in Los Bajos de Montecristi, a city known for its great diversity of traditional products, such as a type of straw hats that are known both around Ecuador and abroad.

Ms. Nelly is a founding member of the communal bank. She likes it for the support it offers and for the ease with which she is able to obtain credit. She is 48 years old, married, and has five children from her marriage. Most of them are grownups but the youngest is single, studies at the university in Manta, and still lives with her. Her husband works at a fish factory in Manta.

Nelly raises caged birds and has a small chicken farm. She says that at times she buys between 100 and 200 chickens, which she raises for three months, the time it takes for them to be ready for sale. When her chickens are ready, she skins them and brings them to stores in her area. She also sells them by the pound from her house. She works between three and four hours each day feeding and caring for her little animals.

She will use this new loan to buy chickens, as well as feed and medicine for them so that they will develop better. Her dream is for her youngest son to finish his studies.

Translator profile picture

Translated from Spanish by Kiva volunteer Katie Kavanagh

Loan details

Lenders and lending teams

Loan details