A loan of $975 helped to buy provisions and fish.

Jessica Alexandra's story

The Communal Bank "Virgen Del Rosario" meets every fifteen days in Colorado, located in the canton of Montecristi. This area is known for its rich pre-colonial culture and its handicrafts, which are renowned both nationally and internationally. Most of the residents in this area engage in the manufacture of tagua buttons, handicrafts, and trade in general.

Señora Jessica lives here. She is 27 years old, married, and has three children aged 11, 9 and 6, who all go to school. Her husband is a trader.

Five years ago, Señora Jessica started a business to help her husband with household expenses. She has a small restaurant in her home. Every day, she prepares delicious fish ceviche in the morning and sells fried pork (a traditional dish) in the evening. All of her dishes are served with juices, sodas or other drinks preferred by her customers. Jessica also uses the loans she receives from the Communal Bank to help her husband with his business. He sells fish and travels around the city offering his products to people.

She is requesting another loan, because thanks to the profit she made from her previous loan she was able to buy certain items that her children needed for school. In addition, one of them became ill and she had to spend money on medicine, which is why she fell behind on her payments. However, with her work she was able to pay it off in time. She will use this loan to buy fish for her husband to sell and provisions for the dishes she prepares. She has been with the Communal Bank for four loan cycles and enjoys the assistance the loans have given her.

Her goals are to move forward in her business and provide her children with a good education.

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Translated from Spanish by Kiva volunteer Chloe Pilpel

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