A loan of $625 helped to buy basic need items and items for the home.

María Marisel's story

The 3 de Mayo (May 3) communal bank meets every two weeks in the city of Portoviejo’s Picoaza Parish, a place known for being a very commercial zone, for its traditional feast day of Saints Peter and Paul and for the joy of its people.

We met María, 42, here. She’s married and has two children who are 10 and 7 years of age and going to school. Her husband is an Auto Mechanic. She’s been in the communal bank for 6 years and likes it because her fellow members are very united and she entertains herself a lot in the meetings.

She has a home based grocery store where she sells all types of products like: rice, sugar, oil, detergents, among other things. She works every day from 6am until 8pm and sometimes even later. She also sells items for the home. For this she visits her customers twice a week although he also sells them in her store. Merchandise for the store is delivered to her there and the articles for the home she buys in Portoviejo from a distributor. She tells us that she’s had her store for over ten years and that it has gradually grown.

She is going to use this loan to better stock her store with basic use items and items for the home. Her goals are to stay in business and that her store grows more each day.

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Translated from Spanish by Kiva volunteer Polliz

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Loan details