A loan of $600 helped to buy pigs.


Juana Angelica's story

The communal bank Nueva Esperanza meets every two weeks in the Calderón Parish in Portoviejo Canton, where noble, hard-working people live and work, mainly in agriculture and commerce.

Here we met Juana, 38, who has a common-law husband and three children, ages 14, 12 and 11, who are all in school. Her husband is a merchant.

Our friend is taking out a loan for her husband who sells pork. He has a butcher shop in the local market and works every day. To increase his profit he goes directly to the farms to buy live pigs and then takes them to an abbatoir. He then takes the meat to his shop directly so his customers can buy the freshest meat for their households. He has been in business for 14 years and it has allowed him to support his family.

This loan is to buy pigs. Juana has been in the communal bank since its beginning and she likes the loans because they allow her to help her husband in some way.

Her dream is to have a grocery store.

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Translated from Spanish by Kiva volunteer Sherry Bess


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Loan details