A loan of $1,000 helped to buy rice, sugar, detergent, vegetables, and other provisions.

Jacqueline's story

Proyecto 2003 Communal Bank meets every two weeks in Jaramijo (Manta) canton, a place known for its pretty beaches that bathe the coastline of this beautiful place. Here the majority of the residents are very hardworking and work in maritime jobs.

Jacqueline is a founding member of the communal bank. She is the president of the same, and she likes it because her companions are polite and organized. She was in another bank until she and other members started this one because it is closer to her house. She is 43 years old and married, and from this relationship she has five children, three older ones and two 12 and 9 years old; three live at home and study in high school and elementary school. Her husband is a driver.

She has a grocery store in her house. There she sells all types of household necessities such as rice, sugar, oil, detergent, and vegetables. She works every day from 6:00 a.m. until 8:00 p.m., and sometimes later. Her children help her in her business when they are not busy. She has had this business for more than 13 years, and thanks to her store she has gotten ahead and so has helped her children in their duties. She started her business with a loan she received from the bank.

She is going to use this loan to stock her store more. She will buy rice, sugar, detergent, vegetables, and other provisions.

Her goal is to see that her children are good professionals.

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Translated from Spanish by Kiva volunteer Catharine Wall

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