A loan of $1,100 helped to buy rice, sugar, oil, detergents, and other staple groceries.

Petita Isabel's story

The community bank Virgen Del Rosario (Virgin of the Rosary) meets every two weeks in Colorado del Cantón Montecristi, a place known for it's rich pre-colonial culture and it's crafts that are recognized at a national and international level. Most of the inhabitants of this place work making buttons from tagua (a nut that can be carved like ivory), crafts, and general commerce.
56 year old Petita lives here and is married but was not able to have kids. Her husband works occasionally.
As her husband sometimes doesn't have work, and in order to get ahead, six years ago Petita took out her first loan from the community bank and set-up a little grocery store in her house. She sells all sorts of things such as rice, sugar, oils, detergents, sodas, water, and other things. She works everyday from 6:00am until 8:00pm and sometimes until later. Her husband helps her in her work. Thanks to this, they are doing well and she is very grateful to the institution as she grows her business with every loan.
She will use this loan to better stock her store. She will buy rice, sugar, oil, detergents, and other staple groceries. She has been a member of the community bank for 6 years and she likes it because the loans enabled her to start her business.
Her goal is to carry on her business and to grow her store every day.

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Translated from Spanish by Kiva volunteer Alison Hynd

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