A loan of $775 helped to buy stock merchandise for her store.

María Jacqueline's story

The “Jaime Roldos” communal bank meets every 15 days in Jaramijo Canton. This place is famous for the beautiful beaches that bathe the coasts of this beautiful place. Most of its residents are very hardworking and dedicated to tasks related to the sea.

María, 40, lives here. She’s married and has five children who are 22, 16, 12, 11 and 4 years old. Some of her children go to school and all of them still live with her. Her husband’s a fisherman.

She is a very good housewife who, wanting to help her husband cover household expenses, three years ago started a small business. She has a small, home-based grocery store where she sells all sorts of products like: rice, sugar, oil and detergent, among others. She works daily from 6am until 8pm and sometimes even later. Her children help her when they can. With help from the loans she hopes to gradually improve the business over time.

She will use this loan to stock her store more. She will buy rice, sugar, oil, detergent, cured meats and other basic need items. She’s been in the communal bank for five cycles and she likes it because the loans have been of great help to her. Her goals are to stay in business and that her store grows more every day.

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Translated from Spanish by Kiva volunteer Polliz

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