A loan of $3,750 helped a member to buy beef, pork, vegetables, plantains etc.

Bloques De San Marcos (Portoviejo) Group's story

In the "Municipal" neighbourhood of the city of Portoviejo, eleven women and one man meet every 15 days as the "Bloques De San Marcos" group of borrowers. The group members pursue a range of economic activities, including sales and service occupations. To make the most of the benefits offered by the institution, they decided to unite to be able to access the credit available through [the field partner] Fundación Espoir. This is the group's first loan cycle and they hope to complete it successfully to continue to access the benefits of belonging to the institution.

Here we meet Don Miguel. He is 36 years old and, though they are separated now, he and his wife have five children, aged 17, 12, 6, 3 and 2 years old. Three of the children live with him, with two studying at primary school and one at secondary school. To earn his living he sells food, such as barbequed steak, pork chops, roast plantains and a delicious vegetable salad which his customers love. He sells these delicious dishes from a cart all over the city, working 5 hours every afternoon from 2pm till 7pm. In this way he has been able to bring up his children. This loan is to buy beef, pork, vegetables, plantains and other items necessary for his business. His dreams are to continue developing and one day to have a fixed location to sell his produce.

The little photo inset is one of the group members, who was unwell and could not attend on the day the group photo was taken.

In this group: María Graciela*, Josselyn Andrea, Esther Guillermina, Jessenia Del Jesús, Angela Celinda, Angela Gissela, Nixi Soveida, Fatima Del Jesús, Jahaira Amparo, Flor María, Cruz María*, Miguel Antonio
*not pictured

Translated from Spanish by Kiva volunteer Rosa Oswald

Loan details

Lenders and lending teams

Loan details