A loan of $975 helped to buy nets, lanyard, fuel, and food.

María Janeth's story

The loan group Virgen del Mar convenes every 15 days in the beautiful resort of San Mateo in the city of Manta, known for its beautiful beaches that are frequented all year round by national tourists and foreigners. In this area, the majority of the inhabitants are dedicated to fishing and maritime industries.
Maria is a founding member of the Communal Bank and she likes it because with the credit, she finances her business. She is 36 years old, married, and has 3 children - 18, 14 and 9 years old. The two younger children study in high school and elementary school. All her children still live at home. Her husband is dedicated to fishing. Doña María is a housewife that uses the loan so that her husband has the necessary resources to be able to do his job. Her husband, along with others, goes out to sea in a small boat to do his fishing. They leave in the afternoon and do not come back until three or four days later, with whatever products they were able to get from the ocean. Once on the beach, they deliver their catch to wholesalers who distributes them to the rest of the province. For more than 20 years, they have been dedicated to this difficult line of work, which is what helps to support his family. This loan is to buy nets, lanyards, gasoline, and food for the days that they have to be out at sea. Their dream is to have a large boat so that her husband can do their fishing.

Translated from Spanish by Kiva volunteer Leticia Wainer

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Loan details