A loan of $1,075 helped to buy provisions, fuel and spare parts.

Edita Cecilia's story

The communal bank “Bienestar y Progreso” (Well-being and Progress) meets every fifteen days in Colorado in the Montecristi Cantón, known for its rich pre-colonial culture and for its handicrafts that are recognized at the national and international level—it's the place of the famous straw hats.

Edita lives here. She is 34 years old, married and from this relationship they have two children, 11 and 7 years old, who go to school. Her husband is a merchant. Edita has a store in her home. There she sells all kinds of products like rice, sugar, oils, detergents, legumes, vegetables and fruits. She works every day from 6am to 8pm and sometimes even later. She will invest part of the loan in the business of her husband who has a tanker and every day makes trips to the city of Manta, the place where he delivers vital liquid to several businesses in this city. She has 4 years with her same store and that permits her to earn something of her own and to be up to date with the needs of her children.

She is going to use this loan to purchase provisions for her store and fuel and spare parts for her husband's tanker. She has been in the communal bank for more than four years and she likes it for the unity of the group.

Her goals are to move forward with her business and grow her store more each day.

Translated from Spanish by Kiva volunteer Melanie Snellings

Loan details

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Loan details