A loan of $1,100 helped to buy oil, filters and automotive parts.

Miriam Geoconda's story

The Honduras 2000 community bank meets every 15 days in the Jaramijon (Manta) canton, a place known for its beautiful beaches. Most of the hardworking people who live here work in the fishing industry.

This is where we meet Miriam. She is 41 years old, married, and has two children, ages 19 and 14. Both are students, one in college and one in high school. Miriam's husband is a small business owner.

Miriam and her family own an auto maintenance garage in the city center, where everyone works cleaning and repairing automobiles. They also sell spare parts, filters, and oil, among other things. Miriam's husband manages auto repair and maintenance services and Miriam is in charge of spare parts sales. The business is 15 years old and doing well.

This loan will be used to purchase oil, filters and spare auto parts. Miriam has been a member of this community bank for more than two years and is happy with its services because the interest rate is very low. Her dream is to expand her business and to see her children achieve professional careers.

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Translated from Spanish by Kiva volunteer Vivian Lu

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