A loan of $1,375 helped to buy rice, sugar, oil, detergent, and other basic goods.


Fanny Ines's story

The communal bank Mujeres Progresistas meets every two weeks in Jipijapa canton, an area named for the coffee sultan and known for its extensive coffee farms, which produce the most flavorful coffee, for its cuisine, and for its kind residents. Fanny, 51, lives here. She is married and has three grown children from this marriage, who are college students and still live with her. Her husband is retired.

Some time age, Fanny opened a small grocery shop in her house so that she could provide for her family, which she must do even more now that her husband doesn't work. She wisely used her first bank loan and the following to grow her business. Now she has a copying machine and sells school supplies. She mostly works alone every day, though her husband or children help out when they can. She has run her business for 11 years and hopes to continue making it stronger with the funding, as she has done previously.

She will use this loan to stock her store and buy rice, sugar, oil, detergent, and other basic goods. She has been a member of the communal bank for 12 years and is happy with the group because she started her business with the first loan. Her goal is to have a bigger shop.

Translated from Spanish by Kiva volunteer


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