A loan of $1,275 helped to buy clothing, shoes and handicrafts.

Juan Pablo's story

The La Fortuna communal bank meets every fortnight. Its members live in Picoaza parish in Portoviejo, a city which is well-known as commercial centre, for its traditional Saint Peter and Saint Paul festivals and for the cheerfulness of its inhabitants.
It is also home to Juan, who is 52, married and the father of four children (three of them adults and one who is 9 and still at school). His wife is a housewife. Juan is a salesman, selling handicrafts, pots, plates, clothing and shoes amongst other things. He travels to other cities, such as Riobamba, Ambato and other cities in the highlands, where his goods sell well, particularly the handicrafts. While in these places, he also buys merchandise and then, on his return home, sells this new stock from the highlands. He has worked in this business every day for 18 years, so as to provide for his family.
He will use the loan to buy clothing, shoes and handicrafts. He has been a member of the communal bank for a year and he likes it on account of the ease with which he can obtain loans. His dream is to own a car in which to do his travelling.

Translated from Spanish by Kiva volunteer Janice Crossfield

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