Funded

Total loan: $1,100
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Vicenta Margarita

Ecuador
Manta, Ecuador / Transportation

A loan of $1,100 helped to buy spare parts for the bus and large containers of water.


Vicenta Margarita's story

The Communal Bank Honduras 2000 meets twice a month in the canton of Jaramijo (Manta). This place is known for its beautiful beaches that line the coast of this beautiful place. Here most of the people are very hard workers working in maritime pursuits.

In this place we meet Vicenta. She is 63 years old, married and has 8 children. Her husband is the captain of a fishing boat. All of her children are older and independent. Her daughter is married and she and her family live with Vicenta. Our friend is passing some very sad moments because a few days ago her mother, who was also living in her home, died.

She has a bus for transportation which is driven by a driver and she pays him a weekly salary for his work. Also in her house she has a business selling large containers of water; she sells at home and also offers home deliveries and she pays a person who is charge of this work a monthly salary. She has been in this business for 5 years and in the bus transport business for more than 15 years.

She is going to use the money from this loan to buy containers of water and some spare parts for the bus.

She has been a member of the communal bank for more than 18 years, at first a member of a different group, but has been with this communal bank for more than 10 years.

Her dream is for her and her family to stay healthy.

Translator profile picture

Translated from Spanish by Kiva volunteer Gail LeGrand


Loan details

Loan length:

6 months
Disbursed date: December 7, 2011
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: December 7, 2011
Facilitated by Field Partner: Fundación ESPOIR