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A loan of $950 helped to buy inventory for her business.

Manuela Petita's story

The “4 de Noviembre” communal bank meets every two weeks in “Los Bajos de Montecristi,” a town known for its grand diversity and typical products such as straw hats known within and outside the country.

Manuela lives here. She is 44 years old, is in a common law marriage and has three children, ages 18, 13, and 12. They all attend school. Her husband is a bus dispatcher.

Manuela sells household goods (blenders, irons, toasters, and other things) in order to earn a living and help out her husband and children. By morning she travels all around her neighborhood, selling her products on credit and collecting every weekend. In the evenings she sets up tables outside her home and sells delicious vegetable empanadas, yucca mochines, corviches, and soft drinks. She works daily and has been doing this for three days. She started this business with one of the loans she got through the institution.

She will use the money from this loan to buy irons, blenders, and ingredients for making snacks. She’s been a part of the communal bank for 11 years and she enjoys it because of the help she has gotten to start her businesses.

Her dream is to see her children succeed.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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Loan details