A loan of $550 helped to buy tires and diapers.

Nelly Margot's story

The "Bienestar y Progreso" (Well-being and Progress) group meets every 15 days in the Colorado area of the Montecristi canton. Montecristi is known at the national and international level for its rich pre-colonial culture, and for its handicrafts. It is the place where the famous toquilla straw hats (also known as Panama hats) are made.

Nelly is a founding member of the communal bank, and she likes it because it feels like a family. She is 50, and several years ago her husband passed away. She has three children from this relationship, who are now adults; but two of them still still live with her.

Our friend has had to struggle for a long time on her own to help her family get ahead in life. This is why she has a home business selling diapers. She also has a taxi which her husband used to drive, until he passed away. Now a driver operates it, to whom she pays a weekly salary.

She says that it's been very hard to move forward, but thanks to God her children are now grown up and can manage on their own. She says that thanks to the loans she has been able to overcome very difficult situations in her life.

She is going to use this loan in her two businesses. She is going to buy diapers, and two tires for the taxi. Her dream is to keep moving forward in life and to enjoy good health.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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