A loan of $550 helped to buy cement, sand, and other materials to make pavement.


Angela Mercedes's story

The members of the Communal Bank of Organized Women meet every fifteen days in the Rocafuerte canton. This place is known for its delicious sweets, which the local people make, and which are well-known throughout the country.

In this place we meet Angela, who is 37 years old and married with three children from this union, ages 13, 15, and 17 years. All three are studying in high school. Her husband has a cobbling factory and is a bricklayer.

Angela got a degree in educational science and works as a teacher in a nearby school, but to help her husband she has asked for the loan so he can use it in his business. He will put it towards the creation and sale of pavement (material used for the construction of streets and sidewalks.) He works from Monday to Saturday from 8 a.m. to 5 p.m. making and selling pavement. He sells to individual people as well as to public institutions that need this material. In the afternoons, she helps him more than anything doing sales and accounting for the small business. She works with two people who he pays a weekly salary. He has had this business for more than 10 years and it is going very well for him.

This loan is for the purchase of cement, sand, and other materials necessary for the production of pavement. She has been a part of the Communal Bank for more than 7 years and she likes it because of the way the bank works.

Her dream is that the business will grow more every day.

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Translated from Spanish by Kiva volunteer Kaleigh Oleynik


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