A loan of $1,000 helped to buy rice, sugar, oil, detergents, fruits and vegetables.


María Teresa's story

The communal bank "Mujeres Unidas" ["United Women"] meets every fifteen days in the canton of Jipijapa, a canton known as the Sultana [or Princess] of Coffee, thanks to the extensive cultivation of coffee with an incomparable flavor, as well as its gastronomy and the warmth of its people.

In this place lives María, who is 30 years old and has a common-law husband, with whom she has five children, aged 14 12, 10, 7 and 1. The two older children are in secondary school, and the following two are in primary school. Her husband is a merchant.

To get ahead together with her family, she has a store in her home. There she sells all types of products, such as rice, sugar, oils, detergents, beans, green vegetables and fruits. She works every day from 6 a.m. to 8 p.m., and sometimes later. In addition, her husband also works selling fruits and vegetables; he goes all around the city selling his products. Maria has more than 7 years with her business and it is going very well for her.

She will use this loan to stock her store with more products; she will buy rice, sugar, oil, and detergents, along with fruits and vegetables for her husband's business. She has been in the communal bank for 7 years, and she likes it because with the first loan, she started her business, which today allows her to have her own income.

Her goals are to get ahead and to give her children the best of everything.

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Translated from Spanish by Kiva volunteer Patricia Linderman


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