A loan of $775 helped to buy iron, solders and paints.


Herminda's story

Picoaza appears in books as one of the aboriginal villages of the Manteña culture. This urban parish is situated only 10 minutes from the city of Portoviejo, capital of the Manabi province. Here, members of the María Asunción community bank meet every two weeks.

In this place lives Herminda, who is 76 years old. She is married, and from this marriage she has 9 children, all of whom are adults. One daughter, who is separated, lives with her. Her husband no longer works due to illness.

She is requesting the loan to invest it in a locksmith's workshop that they have in their house with one of their children. Her husband had this business, but had to give it up due to illness, and now her son is responsible for the work and she receives part of the earnings. It is with this that she and her husband get ahead.

In the workshop, they do a lot of work with metal, aluminum and glass. They build doors, windows, structures and various other things. They have had this workshop for 20 years, and it is there that her children learned the trade that allows them to get ahead.

This loan is to buy iron, solders and paints for the workshop. She has been with the community bank from the beginning, and she likes it for the help that it has given her throughout this time. Her dream is to get ahead.

Translated from Spanish by Kiva volunteer Deepa Ramesh


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