A loan of $850 helped to buy notebooks, pens, pencils, and other school supplies for her home-based stationery shop.

Martha Yesenia's story

The communal bank “María José” meets twice a month in the parish of Picoaza in the city of Portoviejo. This place is known for being a business zone, for its traditional festivals of San Pedro and Pan Pablo, and for the happiness of its people.

Martha lives here. She is 34 years old, married and from this relationship has two children of 16 and 7 years of age. The oldest is in secondary school and the youngest is in primary school. Her husband works in agriculture.

Seeing that her husband does not earn enough in agriculture, she gathered together their savings that they had and with the support of one of the loans she received from the communal bank started a business selling school supplies and stationery in her home. Her business is going very well because her home is close to a school and her sales are assured. She also sells ice cream in order to earn something extra. She has been in business for five years which helps a lot when her husband does not have work.

This loan will be used to buy notebooks, pens, pencils, and other school supplies. She has been with the communal bank since the beginning and she likes it because with one of the loans she started her business.

Her goal is to continuing improving her stationery shop.

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Translated from Spanish by Kiva volunteer Gail LeGrand

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