A loan of $775 helped to buy rice, sugar, oil, detergents, sausages and household items.

Martha Verónica's story

Every two weeks, the members of the 'Luz De América' community bank meet in the city of Portoviejo, the capital of Manabí. This city has been known for many years as 'The City of the Royal Tamarind Trees'.

Here we meet Martha who is 31 years old. She lives with her common-law husband with whom she has two children aged 9 and 4. Her children are in elementary school and nursery school. Martha's husband is a taxi driver and salesman. Martha was born in Guayaquil but six years ago she came to live in this beautiful city.

Martha has a grocery store in which she sells rice, sugar, oil and detergent and other general household items. She works every day from 6.00am to 8.00pm and sometimes until even later. She tells us that she has had her business for six years and it has been very successful. She buys some of her products in the center of Portoviejo although most of her products are delivered direct to her premises.

Martha will use this loan to better stock her store. She will buy rice, sugar, oil, detergents, sausages and other household items. She has been a member of her community bank for 3 years and she likes it because the loans help her to keep her business running. Martha's dream is to have her own store since her current premises are rented.

Translated from Spanish by Kiva volunteer Linda Oxnard

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