A loan of $775 helped to purchase milk, cheese, yogurt, butter, and barrels of water.

Margoin Yackeline's story

The members of the Communal Bank “Mujeres Con Esperanza” (Women with Hope) meet every 15 days in the city of Portoviejo, the capital of Manabí. Portoviejo has been known for many years as the city of “Los Reales Tamarindos” because of the large quantities of tamarind fruit that are produced this time of year.

It is in this place that one can meet Sra. Margoin. She is 40 years old, married, and has four children. Two of her children are grown and the other two are aged 14 and 1. They all live at home. Her husband is a merchant.

Together with her husband, Margoin sells delicious dairy products such as milk, cheese, yogurt, and butter. These products are widely consumed by families in Manabí. Margoin and her husband work separately. While he is out making deliveries by car, she sells products at home to customers who come to her shop on a daily basis. There she also sells barrels of water along with her other products. Margoin works every day from 7am to 6pm. She buys her merchandise in Portoviejo from wholesale merchants. Margoin has been in business for six years.

This loan will be used to buy milk, cheese, yogurt, butter, and barrels of water. She has been with the Communal Bank for more than three years and likes the fact that the loans were used to start her business. Her dream is to have a larger shop in the central part of the city.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details