A loan of $775 helped to buy fruits, legumes, bread, meat, sausages, sodas, and other items.

Gloria Esperanza's story

The December 24th Communal Bank meets every 15 days in the canton of Montecristi. This area is known for its rich pre-colonial culture and its handicrafts have received national and international recognition. The famous Panama hats are made in this place.

This is where Sra. Gloria lives. She is 30 years old, in a common-law relationship, and has a three-year-old son. Her husband works at a gas station.

Gloria is very enterprising woman. For the past four years, she has been selling fast food every afternoon from a cart near the University of Montecristi. She sells hamburgers, hot dogs, sodas, and fruit juices. Gloria says that this business has given her much and saw the opportunity to establish another business near where her cart is located. In front of her business, there is a shop that has been vacant for four months. She used the space to set up a fruit and vegetable business and now she spends all day managing both businesses. Gloria has a woman who she pays a salary in order to help her. She works every day from 6am to 10pm and has done very well.

This loan will be used to buy fruits, legumes, bread, meat, sausages, sodas, and other items. She has participated in four loan cycles with the Communal Bank and enjoys the assistance that she has received. Her dream is to continue growing her businesses.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details