Funded

Total loan: $1,500
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María Elena

Ecuador
Montecristi, Ecuador / Water Distribution

A loan of $1,500 helped to buy water and fuel.


María Elena's story

In the lower part of the city of Montecristi, known for its diversity of artisanal products such as the straw hats that are famous inside and outside of the country, the members of the Community Bank for the Progress of Women meet every fifteen days. Here we meet Maria, 32 years old, married with three daughters, ages 14, 11 and 6. The older ones study at the high school and the youngest studies at the primary school. Her husband is a driver. Our friend is asking for this loan for her husband. He has a water tanker truck, which he uses to deliver water to certain companies and factories in Manta. Her husband makes several trips per day. His customers require a lot of this vital liquid in order to function. He is paid weekly for the water. He is asking for working capital in order to continue working. He has been doing this work for the past 14 years and the work has helped them to progress. This loan will be used to buy water and fuel in order to continue working. He has been in the communal bank for the past two years. The bank helps facilitate the loans. The loans are a big help. Their dreams are to progress and to give their children a good education.

Translator profile picture

Translated from Spanish by Kiva volunteer Esther Levandoski


Loan details

Loan length:

7 months
Disbursed date: June 12, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 12, 2012
Facilitated by Field Partner: Fundación ESPOIR