A loan of $1,100 helped to buy rice.

Amparo Del Carmen's story

The “Constructoras Del Éxito” (Success Builders) communal bank meets every two weeks in the city of Portoviejo known for many years as “Ciudad Del Valle” (City of the Valley) because the city is surrounded by many hills.

We met Amparo, 36, here. She’s separated but has five children who are 17, 15, 12, 11 and 9 years old. The four oldest are in secondary school and the youngest goes to elementary school.

To earn a living and support her children she is a rice merchant. She works every day. She hires a car that takes her to a rice miller in Charapoto where she buys the rice at a lower price. She then heads for Portoviejo where her customers are located and she sells by the quintal or in 25-pound sacks. Her children help her with her business and she’s been in business six years; she does very well.

This loan is to buy rice to stay in business. She’s been in the communal bank for five years and likes it because thanks to the loans she’s improved her economic situation. Her dream is to have a locale to store her merchandise in.

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Translated from Spanish by Kiva volunteer Polliz

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Loan details