A loan of $975 helped to buy groceries.

Norma Margarita's story

The communal bank "Jardín de la Artesanía" meets every 15 days in the Montecristi Canton, known for its rich pre-colonial culture and craft work on both a national and international level. The place is also known for its famous straw hat.

This is where Norma, 61, lives. A few years ago, her beloved husband passed away, but from this relationship she has seven children, who are already grown and independent.

Norma works for the municipality but also has a small grocery store she runs from home. When she is at work it is her daughter who takes care of the store. Her mother pays her a monthly salary.

Norma is taking out another loan to finance the business so she can earn money to get ahead on her own. By buying more products she has attracted more customers since they can find what they need. This loan is to buy groceries.

She has been a member of the communal bank since the beginning and likes the help the loans give. Her dream is to continue expanding her business.

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Translated from Spanish by Kiva volunteer Sherry Bess

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