A loan of $1,000 helped to buy rice, sugar, clothing, educational materials, and stationary.

María Elisa's story

The Honduras 2000 Communal Bank meets every 15 days in Jaramijo Canton (Manta). This place is known for the beautiful beaches that line its coast. Most of its in inhabitants are very hard working and dedicated to work related to the sea.

Here, we meet Señora María. She is 43 years old, married, and has three children from this marriage. One of her daughters still lives in her home since she is single. Her husband is a fisherman.

María has a general store in her house. There, she sells products such as rice, sugar, cooking oils, and detergents, in addition to educational materials, clothing, and stationary, among other things. She works every day from 6:00 a.m. until 9:00 p.m., and sometimes much later. She sells all the products in her shop, but sometimes leaves to deliver, mainly clothing that she sells on credit. She collects the payments every 8 days. She has been in this business for more than 5 years and tells us that receiving loans has made it easier to be able to stock her shop.

This loan is going to be used to buy inventory for her shop. She is going to buy rice, sugar, clothing, educational materials, and stationary. She has been with the communal bank for 11 years. She likes it because of the help the bank gave her with one of the loans that began her business. Her dreams are to continue progressing, to purchase a car, and to buy a bigger boat for her husband.

Translated from Spanish by Kiva volunteer Rick & Pat Brown

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Loan details