A loan of $4,700 helped a member to buy sheets, comforters, window shades, towels, etc.


La Fortuna (Portoviejo) Group's story

The communal bank LA FORTUNA meets every 15 days in the Picoaza Parish in the city of Portoviejo which is known for being a very commercial place. The group is comprised of nine women and two men who have been receiving loans which have greatly improved their business and quality of life. Most of them are informal merchants.

One of the members of the group is Ángela, 33, who is married and has three children, ages 7, 4 and just six months. The eldest goes to school. Her husband is a merchant.

Ángela also works as a merchant and, while her husband travels to other cities, she stays in her area selling sheets, comforters, window shades, towels, etc. Her husband sells the same things but in other cities. This is how the two of them earn an income in a difficult economic situation so they can do all they can for their children's future. She also sells from home when she receives the visit of some of her better-known customers.

This loan will be used to buy more merchandise such as sheets, comforters, window shades, towels to be sold by Ángela and her husband. This is her second loan cycle with the communal bank which she likes because of how helpful the loans are.

Her dream is to give her children the best she can.

The small photo is of one of the members who could not be present for the group photo.

In this group: María Guadalupe, Marjorie Geoconda, Dolores Mercedes, Jennifer Lissette, Carmen Johanna, Jenniffer Asuncion, Genessis Juliana, María Dolores, Juan Pablo, Angela Elizabeth, Carlos Alberto

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Translated from Spanish by Kiva volunteer Sherry Bess


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