A loan of $1,650 helped to buy rice, sugar, oil, dishwashing liquid and other household products.

Edita Dioselina's story

The "Virgen Del Mar" communal bank meets every two weeks in the beautiful seaside resort of San Mateo in the city of Manta. It is known for its lovely beaches, which are very popular year-round with tourists from around the country and abroad. Here the majority of the inhabitants fish, and make their living from the sea.

This is where we met Edita. She is 48, married, and has two children, who are already adults; both still live in her home. Her husband is a fisherman.

She has a grocery store in her home, and there she sells products such as rice, sugar, cooking oils, dishwashing liquid and other items. She works every day from 6:00am to 9:00pm, and sometimes later. There she also sells delicious ice cream that she prepares and that her customers love. She has been in this business for more than five years, and tells us that since she started receiving the loans, it has been easier for her to supply her store.

She is taking out another loan, and tells us that thanks to her earnings in this loan cycle she is buying some tables and chairs so that when tourists come to her place, they can consume their ice cream and drinks that she sells in her store. She has done very well with respect to the payments, as she has fulfilled all her obligations, and so has no problem with the new loan that she is about to receive.

She is going to use this loan to further supply her store. She is going to buy rice, sugar, cooking oil, dishwashing liquid, and other products. She has been with the communal bank for four loan cycles, and likes it because of the help the bank gives her.

Her dream is to keep progressing, and enjoy good health.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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