A loan of $1,100 helped to buy nets, line, hooks, lures, etc.

Zoila Obdulia's story

The Communal Bank Virgen del Mar (Our Lady of the Sea) meets every 15 days in the beautiful San Mateo swimming area in the city of Manta which is known for its beautiful beaches which have tourists all year from within the country and abroad. In this place the majority of residents work fishing and in the sea.

Zoila lives there, she is 32-years-old, married, and has two children who are 11 and nine-years-old and are in school. Her husband is a fisherman.

She has a business selling fishing supplies like nets, hooks, line, weights, harpoons, and many other things needed to fish well in the deep sea. She works three days a week and sells her products to the fishermen when they come in from the ocean. Every 15 days she travels to the center of Manta to buy what she needs so that she has everything for her customers when they arrive. She has been in this business for more than four years and it is going very well as now she has many customers.

This loan is to buy nets, line, hooks, lures, and other products. She has been in the communal bank for four and a half years and likes it because she used her first loan to start this business.

Her dream is to buy a fishing boat.

Translated from Spanish by Kiva volunteer Anna Ruby Waxham Blackwell

Loan details

Lenders and lending teams

Loan details