A loan of $650 helped to buy rice, sugar, oil and other basic products.

Paula Asuncuion's story

The Credit Group ‘San Vicente’ meets every 15 days at the Picoaza parish in Portoviejo. This area is known for its trade, its traditional festivals of San Pedro and San Pablo, and for the cheerful nature of its people.

This is where Paula, 27, lives with husband and their 6-year-old daughter. Her daughter is studying at school and her husband is a taxi driver.

Paula is a young woman who likes working hard and getting on in life. She has a convenience store at the house of her parents-in-law, which is where she also lives. There she sells all types of products such as rice, sugar, oil, washing detergent, beans, vegetables, fruit and stationery. She likes to have her shop well stocked and therefore, be able to offer the best service to her customers. She works every day from 6.00 in the morning until 8.00 in the evening; sometimes working even later. Her parents-in-law help her if she has to leave the shop for a moment, but generally, she is the one who is in the shop most of the time. She has had the shop now for more than seven years and she loves it.

With this loan she is going to increase her stock. She will buy rice, sugar and oil, among basic convenience products. She has been in the credit group for two years and she benefits from the help that they offer. She dreams of expanding her store in the future.

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Translated from Spanish by Kiva volunteer Matthew Walker

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