A loan of $1,000 helped to buy fruits, vegetables and legumes.

María Dayce's story

The “María Auxiliadora” communal bank meets every two weeks in La Sequita Parish in Montecristi, a canton known for the famous straw hats that are highly regarded both within the country and abroad.

We met Dayce, 51, here. She’s in a common law relationship and has five adult children; the youngest one is still single and lives with her. Her husband’s a merchant.

She is a very good housewife and wife and she’s taking out the loan to help her husband with his business. He sells fruit, legumes and vegetables. He heads out at dawn to buy vegetables and fruit from nearby fields and some of the products he buys at the Portoviejo wholesale market to then resell from his car throughout the city of Manta. He does this five days a week and has been doing it for more than 20 years.

She is repeating the loan and will use it to buy fruit, vegetables and legumes so that her husband can continue in business. She’s been in the communal bank for more than 10 years and likes it because through the loans she’s able to help her husband.

Her dream is to buy another car because the one they have is pretty deteriorated. For them, the loans are very important because they are able to finance their business with them and her husband is thus able to bring home daily bread and provide them a life with dignity.

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Translated from Spanish by Kiva volunteer Polliz

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