A loan of $1,500 helped to buy clothes, shoes and supplies.

Katty Jasmin's story

The members of the communal bank 'Ilusiones' meet every fifteen days in the district El Progreso in the city of Portoviejo. This is a highly populated and marginalized district. It is also known as the prison sector, since this where the women's prison of Portoviejo is located.

Katty, 37, lives in this area. She is married, and she and her husband have a sixteen-year-old son who is in high school. Her husband is a public employee.

She is a multifaceted person who is involved in a variety of activities. She sells clothes and all types of shoes. She also prepares food for events held on weekends. Additionally, she holds classes for children who need a little extra reinforcement in their schooling.

She sells her goods door to door, working every day from 8 am to 11 pm, and also works at night on occasion. She sells her products on credit and collects from her customers every fifteen days. She buys her products in Guayaquil every time she needs to. She has been doing this for over ten years, and things are going very well.

She will use this loan to buy clothes and shoes, as well as supplies to prepare her food items. She is a founding member and the secretary of her communal bank. She is very grateful for the help that each loan provides her. Her dream is to see her son have a good professional career.

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Translated from Spanish by Kiva volunteer Kevin Bohnert

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