A loan of $1,100 helped to buy oil, plantains, peanuts and other ingredients to make her food.

María Agustina's story

The communal bank “Mujeres” (Women) meets every 2 weeks in the Santa Clara neighborhood of the city of Manta. Manta is known for its beautiful beaches that are often visited by national and foreign tourists all year round. Manta is one of the most important ports in the country and in South America and is located on the Pacific coast.

Here we meet María, a single mother of an adorable 9 month old baby girl. María lives with her parents. She has worked with the communal bank for five loan cycles and she likes it because, thanks to the loans, she has been able to improve her business and earn enough to support herself and her baby.

She makes and sells bocadillos (sandwiches) and fast food such as empanadas (flattened fried dough stuffed with meats or sweets) tortillas, yucca bread, and corviches (fried rolls stuffed with shredded meats, plantains, etc) and she also sells sodas and natural juices. She works every afternoon with the help of one of her sisters. She tells us that she has had the business for three years and thank God, it gives her enough for her expenses and those of her daughter.

She will use the loan to buy oil, plantains, peanuts and other ingredients to prepare the food. Her dream is to have a big restaurant.

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Translated from Spanish by Kiva volunteer Miriam Palacio

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