A loan of $1,650 helped to purchase provisions and school supplies.

Erika Liliana's story

The Virgen Del Mar Communal Bank gets together every two weeks at the beautiful San Mateo resort in the city of Manta, a place well-known for its beautiful beaches that are visited year-round by both national and international tourists. The majority of Manta's inhabitants work in the fishing industry or other sea-related duties.

This is where we met Ms. Erika, a 21-year-old married mother of a 5-year-old girl who is starting preschool this year. Erika's husband is a fisherman.

She runs a small store from home in which she sells foodstuffs. Despite the fact that Erika does not have much time, her business has a wide variety of products because many of her customers ask her for several products each day. Besides provisions, she sells housewares and school supplies. She works every day from 6:00 a.m. until 9:00 p.m. She sometimes works even later because there are days when the fisherman get together at her store to share a few drinks. She has been in business for over 2 years, and she has been prosperous, even more so with the help of these loans.

Erika will use this loan to restock her shop, purchasing provisions and school supplies. She has been with the communal bank for three loan cycles, and she likes it because of the help she receives.

Her dream is to own the best store in the area.

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Translated from Spanish by Kiva volunteer Elizabeth Casian

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