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

Karina Mariuxi's story

Bienestar y Progreso (Wellbeing and Progress) is a Communal Bank that meets every fortnight in Colorado, Montecristi Canton, a place known for its rich pre-colonial culture and for its crafts that are famous both nationally and internationally; here is where the famous straw hats come from.

Here is where Karina lives. She is 32 years old, she is married and she has three children: the first two are aged 11 and 9 and go to school, while the youngest is a baby aged 8 months. He husband runs a fish meal factory.

Being a good housewife, Karina wants to help her husband and for this reason she is asking for a loan to help him invest in his factory. He works with three employees, processing fish to turn it into fish meal; once ready, he sells it to some warehouses in the town of Manta, from where it is then exported to other countries. He has been running this activity for more than 20 years, and thanks to his job he succeeds in providing for his family, and through his activity the people who work for him can earn their daily wage as well.

The loan she is requesting will be used by her husband to buy fish to produce fish meal. She has been a member of this Communal Bank for 8 years and she likes it because of the help they provide through the loans.

She dreams of providing her children with a good education.

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Translated from Spanish by Kiva volunteer Emanuela Villa

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