A loan of $1,300 helped to buy bamboo and fruit.

Victoria Magdalena's story

The Mujeries Unidas communal bank meets every two weeks in the Jipijapa canton. It is known as the Sultana of Coffee, because of the extensive coffee crops which have an incomparable flavor. It is also known for its gastronomy and the warmth of its people.

This is where Victoria lives. She is 52 years old, married, and the mother of two children. One of them is grown and the other is 16 and in high school. Both of them still live with her; the oldest is a special child. Her husband is a merchant.

She is a housewife who is taking out a loan so her husband can use it in his business. He buys and sells bamboo and fruit. He buys the bamboo from farmers in the area and later he cuts it to bring to certain lumber warehouses or he takes them to Guayaquil where they give him a very good price. He also takes his fruit there, especially Guanábana, which is what he sells the most.

This loan is for his husband to buy bamboo and fruit to contniue with his business. She has been in the communal bank for 2 years and she likes it because the loans are quick and don't have so many requirements.

Her dream is to have a truck to transport her products.

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

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Loan details