A loan of $1,100 helped to buy spare electrical parts and seafood.

Aracely Del Rocio's story

The San Juan Eudes communal bank meets every two weeks in the Montecristi canton. It is known for its rich pre-colonial culture and for its handicrafts, which are known on a national and international level. It is the place of the famous Panama straw hats.

This is where Aracely, age 47, lives. Her husband died some years ago, and she was widowed. However, they had four children. They are all adults now, and one of them is single and still lives with her.

In order to earn a living and be able to get ahead she has a place where she sells spare electrical parts. She also has a business selling seafood, which she sells by the pound. She takes advantage of the fact that her place is pretty large, and she can sell the sparet parts and the seafood there. She works from Mondays through Saturdays from 8:00 a.m. until 7:00 p.m.

She buys the spare electrical parts in Guayaquil. The seafood is sent from Pedernales, or she goes to Manta to purchase the seafood when necessary. Her son helps her with her work when he has time. She has had her business for over 14 years. This is how she got her family ahead after her husband’s death.

She will use the loan to buy spare electrical parts and seafood. She has been a member of the communal bank for over 11 years. She likes it for the benefits and the help that the bank offers.

Her dreams are to have a hardware store and a refrigerator.

Translated from Spanish by Kiva volunteer Ginny Kalish

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