A loan of $1,100 helped to buy pants, blouses, t-shirts, and car parts.

Fanny Bienvenida's story

The Nuevos Horizontes communal bank meets every two weeks in Jipijapa Canton, a canton known as La Sultana del Café because of its extensive fields of incomparably flavored coffee, for its cuisine, and for the warmth of its people.

Here we met Fanny, 52. She is married and has five adult children from this relationship, two of whom still live at home and are professionals. Her husband is an auto mechanic.

With the goal of earning something on her own and thus feeling useful and not having to depend on anyone for her expenses, she sells all types of clothing and auto parts, for which she has a place in her house. She makes the most of many people coming to her husband's shop, and if they need some part she sells it to them. With regard to the clothing, she also sells at night because she visits her customers.

She works every day from 8 a.m. until 7 p.m. when she goes out to sell. She goes to Guayaquil to buy her merchandise every time she needs some. She has had this business for 14 years and it is going very well for her.

She is going to use this loan to buy more merchandise such as pants, blouses, t-shirts, and certain vehicle parts that she needs urgently. She has been in the communal bank for 14 years and she likes it because she started her business with her first loan.

Her dreams are to continue with her business and to get ahead.

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details