A loan of $1,500 helped to buy supplies for making food.


Erika Jazmin's story

The 'Nueva Esperanza' (New Hope) community bank meets every two weeks in Calderón parish, in Portoviejo canton. This is an area of honest, hard-working people who mainly work in farming and commerce. This is also where we get to know Erika. Erika is 22 years old, single and lives in her parents' home. She is studying for a degree in psychology at a university in Portoviejo. She has been a member of her community bank for three loan cycles and she likes it because of the opportunity she has to access loans at very low interest rates. This allows her to make progress in her business. Our friend is an extremely tenacious young lady who, in addition to devoting herself to her studies, also runs her own business. She tells us that she rents premises in the city of Portoviejo and set up a small restaurant there. In her restaurant she only sells nutritious, natural food products. She tells us that her customer base is growing every day as there are few places that offer this type of food, thinking of their customers' health. She has been in this business for two years and it grows day by day. Erika will use this loan to buy supplies with which to prepare her food. Her dreams are to finish her studies and become a great businesswoman in her field, selling nutritious food, as she loves what she does.

Translated from Spanish by Kiva volunteer Linda Oxnard


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