A loan of $1,100 helped to buy foodstuffs, coffee, soft-drinks, etc.

María Agustina's story

In Rocafuerte Canton (Portoviejo) the members of the “La Unión Hace La Fuerza” (Unity Makes Strength) communal bank meet every two weeks. This place is known for the delicious sweets the locals make that are renowned nation-wide.

We met María here. She’s 47 years old and is in a common law relationship and has two daughters who are 10 and 7 years old and are going to school. Her husband’s a merchant.

She has a small space in her house that she uses to prepare and sell fast food like bread, deep fried plantain dough stuffed with fish, potato cakes, turnovers as well as coffee, soft-drinks and others. She works every day from 7am until 8pm. She’s been in business more than 15 years and has done very well.

She will use the loan to buy foodstuffs to prepare the food, coffee, soft-drinks, etc. She’s been in the communal bank 11 years and likes it because the loans have helped her get through very difficult situations in her business. Her dream is to have her own house since she currently lives with her in-laws.

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Translated from Spanish by Kiva volunteer Polliz

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