A loan of $6,425 helped a member to buy school supplies.


San Ignacio De Colón (Portoviejo) Group's story

The 11 female members and one male member of the San Ignacio De Colon communal bank meet in the area known as Los Ángeles in the Colon parish of the city of Portoviejo every 15 days. They work at different business activities like farming, general commerce, and providing services, among other things. Some time ago they decided to unite and form this communal bank, which has helped a lot in their businesses and family life.

Laura, age 40, is one of the members of this group. She is in a common-law marriage, and she has two children, ages 12 and 10. The children attend primary and secondary school. Her husband is a subcontractor, and he works repairing water pipes.

Laura is an very enterprising woman who likes to earn her own income with which she helps her husband pay the household expenses, especially the children’s educational expenses. She has a very diverse business in her house. She sells medicine, household products, and stationery items. She is also an artisan. She makes arrangements in different designs and shapes to decorate floats. She makes typical clothing from recyclable material. This leaves her with good earnings because she has a lot of contracts with institutions or private people who know about the good work that she does. She has been involved with her business activities for over nine years. She loves what she does.

This loan it to buy school supplies, which is what she currently needs the most now in order to stock her business. She has been in the communal bank since it started. She likes it because of the loans. These help her in her business.

Her dreams are to improve every day and to give her children the best.

The small photo is of a member who was not able to be present when the group photo was taken.

In this group: Laura Felicidad, Orlanda Monserrate, Dolores Monserrate, Miriam Monserrate, Juana Leonor, Mariuxi Amparo, Alba Esperanza, Francisca Tenesilda*, Susy Janina, Viviana Carolina, José Ricardo*, Ruth Elizabeth
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish


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