A loan of $5,950 helped a member to purchase clay and wood.

Divino Niño De Tohalla (Montecristi) Group's story

The "Divino Niño de Tohalla" ["Divine Baby of Tohalla"] communal bank meets every two weeks at the site of the same name in Montecristi canton. This area is known for its rich pre-colonial culture and for its handicrafts which are recognized at a national and international level. It is where the famous straw sombreros come from.

This is a group of people who decided to join together some time ago to form this communal bank. The communal bank has helped them greatly, as the loans that they have received from the lending institution have allowed them to improve their small businesses. They work in various activities, but the majority work making bricks or in agriculture.

One of the members of this group is Señora María Edulfa. She is 53 years old, and is the single mother of one grown son who is studying medicine at a university in Manta.

She has had to strive very hard to move her son ahead in life and to provide him with the best education for his future. With the help of her parents, she decided more than 18 years ago to set up a small business making bricks (used as a construction material). She currently has more than 25 people who work with her, whom she pays a weekly salary. The bricks are delivered to retailers who come to her location, load them up, and take them to other cities for distribution.

This loan is to purchase wood and clay for making the bricks. María has been the president of the communal bank since it began, and is very happy because the group is very united.

Her dream is to have a truck for delivering her products.

In this group: María Edulfa, Adriana Mireya, Cinthia Katherine, Magaly Beatriz, Betsy Elizabeth, Carlota Damacia, Yilda Maribel, Eloy Rafael, Laura Mariana, Lupita Loyola, Mariuxi Elizabeth, Katherine Elizabeth, Diana Carolina, Ana Delicia, José Pedro *, Sara Carmen*
*not pictured

Translated from Spanish by Kiva volunteer Arabella Pollack

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