A loan of $1,100 helped to buy lottery tickets to sell, magazines, all types of clothes, and telephone cards and minutes.


Victor Alfredo's story

Every fortnight the members of the 'La California' community bank meet in the Nueva California district of the city of Portoviejo, the capital of Manabí, which has been known for many years as the city of the royal tamarind trees.

This is where we meet Victor, age 38. He is single, and he lives in a rented house with his sister. He sells newspapers, magazines, cards, phone cards, and phone minutes. He has a stand at the #1 market in the city of Portoviejo. He works every day from 4:30 until 1:30. He also sells all types of clothes in the afternoons. He does this door to door. He tells us that he has been selling newspapers for 30 years. He started as a boy. He has been selling clothes for ten years.

He plans to use this loan to increase his business. When he needs clothes, he buys them in Guayaquil.
He will use this loan to buy lottery tickets to sell, magazines, all types of clothes, and telephone cards and minutes.

This is his fourth cycle in his communal bank. He likes it because of the benefits the loans bring to his business.

His dream is to, day to day, have a bigger and better business.

Translated from Spanish by Kiva volunteer Ginny Kalish


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