A loan of $1,300 helped to buy stock merchandise for her store.


Fanny Amarily's story

The “María Auxilidora” communal bank meets in La Sequita Parish belonging to Montecristi, a prosperous canton in Manabí full of hardworking, dedicated people who are proud of their roots. La Sequita is a parish whose inhabitants are honest people who only know work and dedication to family.

Fanny, 45, is married and has five children. Four of them are adults and the youngest is 17-years-old and attending high-school. All of her children still live at home even though some of them are already engaged. Her husband is a merchant.

Fanny has a home-based grocery store where she sells all sorts of food items, some medicine and phone cards since they provide extra profits. She works every day from 6am to 7pm and has many customers because everything from meat to cheese to canned goods to fish, etc. can be found in her store. Her children help her with the business when they aren’t busy. She’s been in business more than 15 years and it’s given her many benefits that have helped her get ahead with her family.

She will use this loan to buy food items, medicine and phone cards to stock the store. She’s been in the communal bank nine years and likes it because of the help the loans provide. Her goal is to expand the business even more.

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Translated from Spanish by Kiva volunteer Polliz


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