A loan of $725 helped to buy oil, peanuts, bananas and other ingredients.

Nelly's story

The members of the “Rocafuerte” communal bank meet every two weeks in Rocafuerte Canton. This place is renown for the delicious sweets its residents prepare that are famous throughout the country.

Nelly is a founding member of the communal bank. She likes it because the interest rates are lower than in other credit institutions. She’s 66 years old and her beloved husband died fifteen years ago. She has six children who are all adults now but four of them still live with her. The youngest of her children is going to university and one of her daughters is a single mother.

She is a very tenacious woman who succeeded in moving her children forward thanks to her effort and work. She has a business making fast food and snacks to sell. She sells “corviches” (dough made from grated plantain, deep fried and stuffed with spicy fish or minced meat, topped with salad, mayo, chili), “bollos “(banana leaf wrapped Ecuadorean tamales) and “hayacas” (another type of tamale), among other dishes. Most of the dishes she prepares are for delivery since her customers pre-order determined amounts of products. She only prepares items for sales in general one day a week. She tells us that she’s been in this line of work for 14 years.

She will use the loan to buy oil, bananas, peanuts and other ingredients needed to prepare the food. Her dream is to own a great restaurant.

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Translated from Spanish by Kiva volunteer Polliz

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