A loan of $1,600 helped to buy wood and soil.

Teresa Del Jesús's story

The members of the Bankito Rio Bravo communal bank meet every 15 days in Rio Bravo de Montecristi. The city is known for its great diversity of typical products like the straw hats that are known within and outside of the country.

This is where Teresa, age 66, lives. She is married and has ten adult children. Three of them still live with them. Her husband is a farmer. Teresa is a very good wife and mother. In order to help her husband and children, she is getting the loan for them to use in their work. They have a small brick factory. They work every day, and they deliver the bricks to the merchants who place their orders in advance. They order them to later take them to other cities to sell. They are used for home construction. They have been doing this business activity for over 20 years. It allows them to get ahead honorably.

This loan is to buy wood and soil that they use to make the bricks. She is the founder of the communal bank, and she likes it for the benefits that the bank gets.

Her dream is to have a truck to use to sell her products. This way she will get more profits.

Translated from Spanish by Kiva volunteer Ginny Kalish

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