A loan of $1,450 helped to buy rice, sugar, oil, detergents, cold cuts and other basic household products.

Ines Elida's story

Every two weeks the members of 'Las Piedras' community bank meet in a neighborhood called 'Las Piedras', in Picoaza parish, in the city of Portoviejo. This city is known for its traditional culture, the cheerful nature of its people and its San Pedro and San Pablo celebrations.

Here we meet Inés who is 30 years old, married, and has three children who are 12, 10 and 8. Her eldest is in high school and her younger two are in elementary school. Her husband works in the building trade.

Inés has a grocery store where she sells rice, sugar, oil, detergents, vegetables, meat and other basic household products. She works there every day from 6.00am to 8.00pm and sometimes until even later. Her children and her husband help her when they can. She is very happy with her business because it allows her to earn something without neglecting her little ones. She is able to help them with their school work and be alert to their needs. She has been in her business for three years and it is doing well.

Inés will use her loan to further stock her store. She will buy rice, sugar, oil, detergents, cold cuts and other products. She has been a member of her community bank for more than two years and she likes it because the loans have improved her business.

Inés' dream is for her store to continue to grow.

Translated from Spanish by Kiva volunteer Linda Oxnard

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Loan details