A loan of $1,650 helped purchase gas, nets, cords and other materials for fishing.

Regina Despertina's story

In Crucita Parish, which is in Portoviejo Canton, we find a place known as Los Arenales. Here, every fifteen days, the members of Banco Comunal Fe y Esperanza (Faith and Hope Communal Bank) meet. This place is known for its beautiful beaches, gastronomy and the quality of people.

Regina lives here and is 31 years old. She is in a common law marriage, from which she has two children who are 14 and 11 years old. Both go to school. Her husband is a fisherman.

She is taking out the loan to help her husband, who is a fisherman and utilizes the credit for his high seas fishing, while Regina cleans the fish once they dock in her town. Her husband leaves at dawn to return in the afternoon. It is then that she goes into action and starts her work cleaning the fish to sell them to the shopkeepers that go to Los Arenales to buy the fish and bring them to large businesses in the city of Manta. They have been doing this work for more than 13 years and in this way have been able to get ahead in life with their family.

She will use this loan to purchase materials for fishing such as gas, nets, cords and various items necessary for fishing. She has been a member of the communal bank for more than two years. She is the secretary of the bank and she likes the institution for the benefits and loans that it offers.

Her dreams are to have a car to distribute her fish directly to the businesses.

Translator profile picture

Translated from Spanish by Kiva volunteer Michelle Burns

Loan details

Lenders and lending teams

Loan details