A loan of $775 helped to buy flour, salt, sugar, eggs, butter, etc.


Lucrecia Feliza's story

The “Calle América” (America Street) communal bank meets every two weeks in Montecristi Canton which is known for its rich pre-colonial culture and crafts which are famous both nationally and internationally; it’s where the famous straw hats come from. We met Lucrecia, 52, here. She’s in a common law relationship and has five adult children. Three of them are still single and live at home. Her husband works as a caretaker at a school. She has a home-based bakery. She and her children prepare delicious bread there daily that’s indispensable for the local residents’ tables; she also makes cakes and sponge cakes that are very much enjoyed by her customers. They work every day from 5am when they arise to bake bread so that when the customers arrive everything will be ready. Her husband also helps out on weekends when he’s off work. They’ve had this business for more than 10 years and they do very well since they have a very good clientele. They will use the loan to buy flour, salt, sugar, butter, eggs and other necessary ingredients to bake bread. She’s been in the communal bank for six cycles and she likes it because they help her with loans. Her dream is to have another locale in the city center.

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Translated from Spanish by Kiva volunteer Polliz


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