A loan of $1,450 helped to buy rice, sugar, oil, detergents, bazaar products, and stationery.

Elena Argentina's story

The May 3rd Communal Bank meets every 15 days in the canton of Jipijapa, which is known by its nickname "The Sultana of Coffee" because of its extensive coffee crop that has an incomparable flavor. This area is also known for its food and the warmth of its people.

Sra. Elena is a founding member of the Communal Bank and enjoys the help the loans have provided so that she can move forward in her business and improve her financial situation. She is 70 years old. It has been several years since her husband died, but their relationship resulted in five children, all of whom are grown. One child still lives with her.

Elena has a general store in her home where she sells all types of products, ranging from provisions to bazaar products, and also stationery. She works every day from 6am to 8pm, and sometimes much later. Her daughter helps her with her work when she is not busy, but in general, it is Elena who spends the most time at her business. She says that the part that she enjoys is being able to earn a living, as well as keeping herself entertained with all of the news that passes through the neighborhood. Elena and her husband managed this store together for more than 20 years, but when he died, she took over so that she could move forward.

This loan will be used to restock her store. She will buy rice, sugar, oil, detergents, bazaar products, and stationery. Her dreams are to continue pressing forward and to have good health above all else.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details