A loan of $4,075 helped a member to purchase trousers, blouses, shirts, children's clothing and jewelry.


Nueva Unión (Portoviejo) Group's story

The Nueva Unión Community Bank meets every 15 days in Junín (Portoviejo). This place is known for its friendly and hard-working people and because in this place the best brandy of the province and of Ecuador is distilled here.

This is a group of ten female members and two male members who decided to unite and form this community bank that has served them a lot since with the loans, they have been able to improve their small business or make a start in the world of commerce. They are dedicated to different work such as commerce, service, selling food, among other activities.

Johanna lives here. She is 27 years old and maintains a relationship from which she has three children who are 8,5, and two years old. The two eldest study at school. Her spouse works in Quito.

She is a very responsible and hard-working young mother who wants the best for the future of her children. With this loan she is going to start a business selling all types of clothing. She is going to move near Quito where her husband works and to bring merchandise in order to take advantage of the Christmas and New Year holiday which is when people buy more clothing. She wants to bring, above all, children's clothing since it is what she sells most on those days.

This loan is going to be used to buy trousers, blouses, shirts, children's clothing and jewelry. This is her first cycle with the community bank and she likes it for its speed to acquire a loan.

Her dreams are that her business prospers and to give her children the best.

In the photograph, we can see a small photo that belongs to a member who, due to job reasons, was not able to be present when they took the group photo. Also, in the left part of the photo is a woman who is seated on a bank with a red shirt. This woman does not belong to the group.

In this group: Eulalia Auxiliadora, Rosa Iiliana, Leonor Edith, Eulalia Magdalena, Silvia Del Jesús, Glenda Sofia*, Guissela Maribel, Angela Johanna, José Indauro, Benigno Jacinto, Lizeth Monserrate, Yulissa Yumeth
*not pictured

Translated from Spanish by Kiva volunteer


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