A loan of $775 helped to buy fruit and vegetables.

Nancy Imelda's story

The “El Pedregal” communal bank meets every two weeks in El Pedregal in Picoaza Parish in the city of Portoviejo, a place noted for being very commercial, for its traditional feast days of Saint Peter and Saint Paul and for the cheerfulness of its people. Nancy, 30, lives here. She’s in a free union and has three children who are 12 and 7 years old and a three-month-old baby; the older children attend middle and elementary school. Her husband’s a merchant.

Nancy, like a good wife, is taking out the loan so her husband can use it in his business. He has a stand in the city market where he sells fruit and vegetables. He works every day from 5am until 2pm. Her husband heads out at dawn to the wholesale market to buy the best products to offer his customers the best. He’s been in business ten years and is able to support his family by means of this honest work.

The loan will be used to buy fruit and vegetables. This is her second cycle in the communal bank and she likes it because she’s able to help her husband this way. Her dream is to have a grocery store in the market.

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Translated from Spanish by Kiva volunteer Polliz

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