A loan of $1,375 helped to buy fish.

Segundo Tomas's story

The Communal Bank “María Del Carmen” meets every 15 days in the canton of Montecristi. This place is known for its famous Panama hats. The city experiences cold weather and there are many tourist attractions in the area.

Don Segundo lives in this place. He is 59 years old, married, and has four grown children. His wife is a homemaker.

Sr. Segundo sells fish. He buys the fish in the city of Manta and then sells his products from a rented car. He conducts his sales within his city and in the neighboring cantons. Segundo has been in this business for more than 30 years and is doing very well.

He is requesting another loan so that he can use the money to finance his business. His profits will be used to satisfy the household needs. This loan will be invested in the purchase of fish. Segundo has been with the Communal Bank for more than four years and enjoys having the assistance. His dream is to buy a car.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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