A loan of $4,575 helped a member to buy rice, sugar, tuna, detergent, housewares, and other household necessities.

Brisas Del Mar - Portoviejo Group's story

In the parish of Crucita in Portoviejo Canton we find a place known as Los Arenales, where the 15 women and 3 men who are members of Brisas Del Mar Communal Bank meet every two weeks. This place is known for its pretty beaches, its gastronomy, and the warmth of its people.

This is a group of people who decided to get together and form this communal bank that has served them well, because with the loans they have improved their businesses. They work in different jobs, such as sales, service, and food sales, among other activities.

One of the members of this group is Teresa, 56. She is married and from this relationship has eight children, all of age. The youngest of them lives with her, as does an 11-year-old child who studies in high school and whom she raised from a little boy because his mother died. Her husband works occasionally and also helps her in her business.

She has a general store in her house. There she sells a little bit of everything, from rice, sugar, detergent, canned goods, meat, fish, shrimp, vegetables, and also certain remedies and hardware items such as clothing, shoes, and costume jewelry. She works every day from 6:00 a.m. until 8:00 p.m. with the help of her husband and her children. She buys her merchandise in the city of Portoviejo, and she receives other products in her store. She has had her business for two years and it is going very well for her.

This loan is to stock her store. She is going to buy rice, sugar, tuna, detergent, hardware items, and other household necessities. She is a founding member of the communal bank and she likes it because of the benefits she gets from the institution.

Her dreams are to have a car and a bigger business.

In this group: Rosa Elena, Brenda Estefania, Pastora Marilú, Lenny Beatriz, Shirley Vanessa, Salanda Del Rosario, María Angela Del Carmen, Rita Elena, Paola Maricel, Teresa Ramona, Mireya Lucciola, Samantha Cecilia, Francisco Gerardo, Klever Armando, Rosa Victoria, Genny Yadira, José Luis, Francisca Elizabeth

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details