A loan of $675 helped to purchase yogurt.


Jessica Maribel's story

The community bank named "For a New Dawn" meets every two weeks in Canton Montecristi, a region known for its rich pre-colonial heritage and for the nationally and internationally known artisans. This is where the famous straw hats originate. Here we meet Jessica. She is 26 years old, she is married and she has two children from this relationship, aged 5 and 2. The eldest is in kindergarten. Her husband works in a factory in Manta. She has been a member of the community bank for the past 4 loan cycles and she enjoys it for the additional benefits that are rendered by Fundacion Espoir (Kiva Field Partner). Our friend works in a factory in Manta but in addition, she also sells yogurt. She receives her product once per week and she resells during the week to her clients. She says that there are some weeks that she sells out the day after receiving a shipment because the majority of her clients place orders. She receives her products from Guayaquil. This loan will be used to purchase more yogurt in order to meet client demand. Her dreams are to have a production company to make and sell yogurt.

Translated from Spanish by Kiva volunteer


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