A loan of $6,000 helped a member to buy groceries to sell.


Mi Futuro (Bahía De Caraquez) Group's story

The beautiful city of Bahía de Caraquez is known for its beaches, its delicious food, and the warmth of its people. Every 15 days, the members of the Communal Bank “Mi Futuro” (My Future) get together. This group consists of 11 women and 2 men who decided to join together so that they could access loans offered by Fundación ESPOIR in hopes of improving their businesses. One of the members is Sra. Gladys. She is 48 years old, separated from her spouse, and has three grown children. One of her children still lives at home and is studying at the university. After she separated from her husband, Doña Gladys looked for ways to get ahead and help her children who were still living with her at the time. She was able to open a small food store in her home where she passed the time every day. With the help of the loans she has received from Fundación ESPOIR, she has been able to improve. At first she began selling groceries, but now she also sells meat, fish, bazaar products, and stationery. In addition, she offers frozen treats in order to earn extra income. Gladys works every day from 6:00 A.M. to 7:00 P.M. Her son helps out whenever he can, but she is the one who is always at the business. Gladys has been managing her store for three years and it allows her to move forward without having to depend on anyone. Her loan will be used to buy more groceries to provide more stock for her store. Gladys has been with the Communal Bank from the beginning and currently serves as its president. She enjoys the help that she and the other group members have received. Her dream is to have a much larger store.

In this group: Gladys Dolores, Ana Mercedes, María Gabriela, Claudia Patricia, Juana Jazmin, Julia Vicenta, Luis Muguel, María Del Carmen, María Auxiliadora, Jennifer Janet, José Rafael, Modesta Benedicta, Rebeca Estefania*
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica


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