A loan of $950 helped to buy rice, sugar and other grocery items.

Norma Margarita's story

The communal bank "Jardín De La Artesanía" ["Handicrafts Garden"] meets every fifteen days in the canton of Montecristi, which is known for its rich pre-colonial history and for its handicrafts, recognized on the national and international levels. It is the home of the famous hats made of paja toquilla fibers.

In this place lives Norma, who is 61 years old. A few years ago, her beloved husband passed away, but from this relationship she has seven children, who are already grown and independent, although one of them lives very close to her.

Norma works for a municipality in her area, and she also dedicates herself to commerce. Five years ago, she opened a small grocery store in her home. Since then, it has grown little by little with the loans she has received. When she is working for the municipality, her daughter is the one who takes charge of managing the store, and for this work Norma pays her a weekly salary, thus allowing her to earn something for her efforts as well.

This loan is to buy rice, sugar and other grocery items which her store needs to satisfy its customers. Norma has been in the communal bank since the beginning, and she likes it because of the help provided to her through the loans.

Her dream is to continue expanding her business.

Translator profile picture

Translated from Spanish by Kiva volunteer Patricia Linderman

Loan details

Lenders and lending teams

Loan details