The Colors of Cacao
- Bank Solidario began working in Viche four years ago. Over the past fours years, the Bank has
formed solid relationships with clients in the Esmeraldas province. Clients have proven to be
reliable loan payers.
- We met Elvis Ganchozo in Viche, Esmeraldas. Elvis is originally from
Calceta, Manabí. His loan officer, Domitilo Toala, introduced us to Elvis, his wife Margarita, and
their daughter Naveli. We went to see the cacao drying area owned by Elvis and his brothers. The
stifling Esmeraldas heat beat down on the drying area and the sunlight glistened over the drying
- "The loan officer offered the services of Banco Solidario. I needed capital to
buy cacao, coffee, and corn," Elvis tells us the story. They spread the fresh cacao seeds out to
dry in the sun. When it rains, a common occurrence in this province, they move them to the drying
area, a screen suspended one meter off the ground. A turbine motor turns a fan that provides heat
to the drying area and dries the seeds. If there are a lot of seeds, Elvis rents another patio in a
nearby house, or goes to his uncle's drying area.
- "I have received five loans from
Solidario and paid them all off with cacao. I used to go to another bank but they would not give me
any more loans."
- Problems are never lacking. He needs better roads to take out the cacao
and commercialize it.
- His dream is to buy a house and a restaurant with a gravel floor and
paved parking area.
- His key to success: Elvis' father gave each son a business to manage.
His mother takes care of the financial aspects. She tells them when bills are due so that nobody is
late. In addition to cacao, they sell beer, rice, corn, and coffee.
- "Without Banco
Solidario we would not have the bean drier. We are very grateful because it has helped us a
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