A loan of $1,600 helped to buy provisions and gas for domestic use.


Rosa Irene's story

The communal bank “Con Amor Y Fe Hacia el Desarrollo” (Towards Development With Love and Faith) meets every 15 days in Los Bajos de Montecristi, a city known for its cultural riches and for its handicrafts such as the straw hats that are known inside and outside of the country. Rosa lives here. She is 72 years old, married and from that relationship she has six adult children who are independent; only one of them still lives with her. Her husband hardly works due to illness. Rosa has a store in her home in which she sells a little bit of everything such as products like rice, sugar, grains, detergents, vegetables, meat, fish and chicken among other products that are basic staples. Besides that she also began selling cylinders of gas a little while ago and it is going very well for her since there aren’t many places where one can buy this product that is so necessary in the households of Ecuadorians. She works every day from 6am until 8pm. She has been in business more than 30 years and it is going very well for her. Her son and her husband help her attend to the business. She is going to invest this new loan in the purchase of provisions to supply her store and gas for domestic use. She has been in the communal bank since the beginning and she likes it for the help that the loans provide her. Her dream is to continue to grow her business.

Translated from Spanish by Kiva volunteer Melanie Snellings


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