A loan of $1,500 helped to buy fruits, vegetables and pulses.

Genny Esperanza's story

La Sequita is a Communal Bank that meets up in the parish of La Sequita, which is part of Montecristi in the prosperous canton of Manabita. The residents are dedicated hardworking people who are proud of their roots. In the parish of La Sequita, the people are honest and know only how to work and take care of their families.

Genny lives here. She is 35 years old, she is married and she has three children aged 9, 7 and 4; her two older children go to school. Her husband is a retailer.

Our friend is a housewife who asks for loan to help her husband in his activity: he is a street vendor, selling fruits, vegetables and pulses. Our friend told us that he drives his three-wheel bike to the town of Manta three days a week to sell his products. The products he sells are always fresh and just harvested from the fields, as he buys them from farmers of his area to then bring them to Manta; however, he also buys some products from wholesalers in Manta.

The loan she is requesting will be used by her husband to buy fruits, vegetables and pulses. She is a founding member of her Communal Bank and she likes it because the requisites they ask her to grant her a loan are not as many as those asked by other institutions.

She dreams of owning a bigger house.

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Translated from Spanish by Kiva volunteer Emanuela Villa

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