A loan of $1,100 helped to buy rice, sugar, oil, and other basic necessity products.

Nelly María's story

The July 22nd Communal Bank meets every 15 days in the parish of Picoaza in the city of Portoviejo. This place is known for being a commercial area, the traditional festivals for St. Peter and St. Paul, and the joy of its people.

It is in this place that one can meet Sra. Nelly. She is 26 years old, married, and currently in the second month of her pregnancy with her first child. Her husband is an auto mechanic.

Nelly manages a food store at her mother’s house, which is also where she and her husband reside. She sells all types of products such as rice, sugar, oil, detergents, and other items. Nelly works every day from 6am to 8pm. She says that she started with all the capital she could obtain, which was a very small amount. With the help of the loans, she has been able to increase her inventory a little bit at a time. Nelly has been in business for six years and this is how she has earns her own income.

This loan will be used to restock her store. She will buy rice, sugar, oil, and other basic necessity products that she is lacking so that her customers will remain satisfied. Nelly has been with the Communal Bank from the beginning and enjoys being a member because her group is very strong and supportive of one another. Her goals are to move forward in her business and to have it grow day after day.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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