A loan of $1,650 helped to buy fish.

Jenny Tatiana's story

The Communal Bank “La Sultana” meets every fifteen days in the canton of Jipijapa, a canton known as “La Sultana del Café” because of its extensive fields of incomparably flavored coffee, its cuisine, and for the warmth of its people.

This is where Jenny, 23, lives. She is in a common-law relationship and has four children from this relationship. She was a very young mother, having her first child when she was 13 years old; that child is now aged 10. The other children are 8, 6, and 1½. The three oldest children are studying in school. Her husband is a merchant.

In order to help her husband, she will use this loan for his business. He makes his living selling fish wholesale. Our friend Jenny tells us that he travels four times a week to the beaches of Manta and Santa Rosa where he buys good fish directly from the fisherman and in this way he can purchase the cheapest and the best fish. He then takes the fish to the market and distributes them to the retailers in the city. He has spent more than 13 years making his living this way and he does very well.

She will use this loan to buy fish. She has been a member of the communal bank for two years and enjoys it because the loans are quick and have a low interest rate.

Her dream is to buy a truck because so far every time her husband travels she has to hire a car and this takes away from their earnings.

Translator profile picture

Translated from Spanish by Kiva volunteer Diana Gonzalez

Loan details

Lenders and lending teams

Loan details