A loan of $1,300 helped to purchase groceries, remedies, phone cards, etc.

Fanny Amarily's story

The communal bank María Auxiliadora meets in the parish of La Sequita, which is in Montecristi, a prosperous canton in Manabí, full of hardworking, dedicated people who are proud of their roots. La Sequita's people are honest and know only how to work and dedicate themselves to their families.

Fanny is 44 years old, married, and she has five children from this relationship. Four of them are adults, and the youngest, who is 16, is going to school. All of her children still live at home, even though some of them are already engaged. Her husband is a merchant.

Our friend has a store at home, where she sells all kinds of groceries, as well as some remedies and phone cards, since these items bring in some extra income, she says. She works every day from 6:00 am to 7:00 pm. She says she has a lot of customers because they can find all sorts of products at her store, such as: meat, cheese, sausages, fish, etc. Her children help her out with the business when they're not busy. She has had her business for over 15 years, and it has shown a very good profit, which has allowed her to get ahead with her family.

She is going to use this loan to purchase groceries, remedies, phone cards, and other items to stock her business. She has been with the communal bank for eight years and she likes it because of the help she receives through the loans.

Her goal is to further expand her business.

Translated from Spanish by Kiva volunteer Mariana Sanchis

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