Funded

Total loan: $1,700
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Manuela Margarita

Ecuador
Montecristi, Ecuador / Manufacturing

A loan of $1,700 helped to buy wood, sawdust and hearts of palm.


Manuela Margarita's story

In Los Bajos de Montecristi, a city known for the diversity of its typical products like the famous straw hats that are well-known both inside and outside the country for example, the members of the “La Dolorosa Del Pechiche” communal bank meet every fifteen days. We met Manuela, 55, here. She’s a single mother of a son who is already an adult but still lives with her.

She is an older woman who despite her age still enjoys supporting herself and earning her own income. She and her son are partners in a brick factory (material used in home construction). Her son works there with the help of two assistants who manufacture the bricks that are subsequently delivered to merchants who take them to be sold in various places. Our friend helps by collecting payment for what’s sold and by taking food to the place where they work. They’ve been in this business for more than 15 years and they do very well. This is how they are able to get ahead and earn their daily bread and that of the families of the two people that work with them.

This loan is to buy wood, sawdust and hearts of palm which are the materials used to manufacture these products. She’s been in the communal bank for 8 years and likes it because of the help they give with the loans. Her dream is to have a vehicle to transport her products directly to building sites.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

5 months
Disbursed date: July 3, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: July 3, 2012
Facilitated by Field Partner: Fundación ESPOIR