A loan of $1,600 helped to buy water and fuel for her husband who has a water tanker with which he supplies water to some companies and factories.

María Elena's story

In Los Bajos de Montecristi, a city known for its great variety of traditional products such as the toquilla straw hats known inside and outside the country, the communal bank Mujeres Por El Progreso meets twice a month.

María lives in this place. She is 32 years old. She is married and has three daughters who are 14, 11, and 6 years old. The older ones attend school with the youngest in primary. Her husband is a driver.

She is asking for a loan for her husband’s business. He has a water tanker with which he supplies water to some companies and factories in the city of Manta. He makes several trips a day as these places require a lot of this vital liquid in order to work. He receives weekly payment for the sale of water, which is why he requires capital to continue working. He has been doing this work for more than fourteen years which has permitted him to get ahead.

This loan is to buy water and fuel in order to continue working. She has been with the communal bank for more than two years. She is the treasurer of the group and she likes it because the loans have been very helpful.

Her dream is to get ahead and to give her children a good education.

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Translated from Spanish by Kiva volunteer Gail LeGrand

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