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

Angela Eva's story

The Nuevo Amanecer community bank meet in Bajo de Montecristi, in Manabí province. This is a small place which is surrounded by a lot of vegetation. The local people work in different jobs as salespeople and factory workers.

This is where Ángela lives. Ángela is 76 years old, married, and has twelve grown-up children. One of her children still lives with her. Her husband is elderly and does not work.

In order to provide for her family and because her husband hasn't worked for more than 16 years, Ángela used some savings that she had and her first loan from her community bank to stock a small store in her home. With subsequent loans, she has expanded the business. Now her customers can find everything they need in her store. She sells products such as rice, oil and detergents. She also sells stationery and other miscellaneous products. She works every day, from 7.00am to 8.00pm. Her husband and son help her in the business and it provides them with enough money to support themselves.

Ángela will use this loan to further stock her store. She will buy rice, sugar, oil, detergents, sausages and other basic goods. Ángela is a founding member of her community bank which was set up 16 years ago. She likes it because the first loan she received helped her to start her business. Her dreams are to enjoy good health and continue making progress.

Translated from Spanish by Kiva volunteer Linda Oxnard

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