A loan of $1,275 helped to buy seafood.

Ida Esperanza's story

In the parish of Crucita in the canton of Portoviejo, there is a place call Los Arenales. This is where the members of the Nueva Generación Communal Bank meet every 15 days. The area is known for its beautiful beaches, its gastronomy, and the warmth of its people.

This is where Ida lives. She is 50 years old, married, and has two children who are now adults, though one still lives with her. Her husband is a businessman.

Sra. Ida sells seafood in her home in order to make enough to cover the household expenses. She has a small, well-stocked stand where her customers can find whatever they want, as she has shrimp, prawns, crabs, many kinds of fish, and conches, among others. She guarantees that everything is of very good quality, which is why her customers prefer her. She has had her business for over 20 years and it is doing well.

This loan is to buy all kinds of seafood. She has been with the communal bank almost from the beginning and she likes it because her fellow members are close-knit and trustworthy.

Her dream is to have her own home, as she lives with her parents.

Translated from Spanish by Kiva volunteer Alyson Trowbridge

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Loan details