A loan of $1,100 helped to buy seeds and farm supplies.

Idalia Asunción's story

The “María Auxiliadora” communal bank meets in Sequita Parish in Montecristi, a prosperous canton in Manabí full of hardworking, dedicated people who are proud of their roots. La Sequita is a parish whose residents are honest people who know only work and dedication to family.

Idalia, 53, lives here. She’s married and had ten children. Nine of them are already adults and the youngest is a 16-year-old attending secondary school. Six of her children are single and still living with them. Her husband’s a farmer.

She and her husband with help from their children grow all sorts of vegetables, corn and fruit like melons and watermelons. They work Monday through Friday from 6:30am until 3pm in the fields. Her husband also works three days a week selling fruit and vegetables that he buys from local farmers or at the wholesale market in Portoviejo. He goes through Montecristi’s streets on his three-wheeled cart with his products. He’s been working his entire life in farming and has been a merchant for more than fifteen years.

This loan is to buy seeds and farm supplies because winter is approaching and they want to be prepared to plant with the first spring rains. She is a founding member of the communal bank and likes it because interest rates are lower than at other credit institutions. Her dream is for her and her loved ones to have good health.

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Translated from Spanish by Kiva volunteer Polliz

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Loan details