A loan of $3,650 helped a member to buy three pigs and feed for them.

Emprendedores (Portoviejo) Group's story

Every two weeks, the members of the "Emprendedores" (Entrepreneurs) community bank meet in Calderón parish, in the city of Portoviejo. This place is known for its rich cuisine and its vegetation. Most of the locals work in farming and commerce.

This is a group of people who decided to come together and form a loan group which will be very helpful to them since they will use their loans to improve their small businesses. They work in different activities such as farming, livestock raising, commerce, selling meals, etc.

Here we meet Mayra who is married and has a 6 year-old son who is in his first year of elementary school. Her husband is a driver. Mayra completed her higher education.

In spite of having a degree, Mayra does not have a job where she can put her knowledge into practice. For this reason, some time ago, making the most of a plot of land that she has in the countryside, she started raising livestock. She built a small farm where she raises pigs. She keeps her pigs for three to four months and then delivers them to two salespeople with whom she has a contract. She tells us that her business is doing very well. She says that, faced with a lack of work, she looked for a way to earn a living on a daily basis so that she could help her husband with their household expenses.

Mayra will use this loan to buy three pigs and feed for them. This is her first loan cycle with her loan group and she hopes to be a member for many years to come.

Mayra's dreams are to some day own a larger farm and to have a job where she can work as a certified public accountant which is what she studied to be.

In this group: Rosa Leonor, Irene Cecilia, Sonia Modesta, Mayra Asuncion, Gema Evelyn, Karen Monserrate, Carlos Wilfrido, Laura Maricela*, Jesús Alfredo, Tania Pierina*, Diana Mercedes
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard

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