Funded

Total loan: $1,000
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María Auxiliadora

Ecuador
Montecristi, Ecuador / Grocery Store

A loan of $1,000 helped buy rice, sugar, oil, detergents, sausages and other basic household goods.


María Auxiliadora's story

The New Dawn Communal Bank meets in the Bajo de Montecristi area in the Manabí province, which is a small place surrounded by a lot of vegetation, its inhabitants have different jobs like salespeople and factory workers.

Mrs. María lives in this place, she is 54 years old, is married and from this relationship she has seven children but two passed away. Her children are all adults and two still live with her. Her husband is a farmer.

Mrs. María has a store in her home and sells all types of products like rice, sugar, oils, detergents, fruits and vegetables and other items. She works everyday from 6:00 a.m. to 8:00 p.m. and sometimes even later, in her store her customers can find everything necessary and is the reason why each day she has more customers. Her daughter lives in her home and helps her in the job, Mrs. María has worked 4 years in the business and is doing very well.

The loan will be used to stock her store; she will buy rice, sugar, oil, detergents, sausages and other basic household goods. Mrs. María has been in the communal bank for 3 years and enjoys it because each loan has helped her improve her business.

Her goals are to keep her business growing and that her store will keep growing each day.

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Loan details

Loan length:

6 months
Disbursed date: September 3, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 3, 2012
Facilitated by Field Partner: Fundación ESPOIR