Total loan: $675

María Elena

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Portoviejo, Manabí Province, Ecuador / Clothing

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A loan helped To buy pants, blouses, t-shirts, children's clothes, underwear, etc.

María Elena's story

Every two weeks, the 'Palabra de Mujer' (Woman's Word) community bank meets in the town of Charapoto. This town is known for its traditional culture and for the fact that it is located just a few minutes from two of the best beaches in the province: San Jacinto and San Clemente. Here we meet María. María is 26 years old and lives with her partner with whom she has four children aged 9, 6, 3 and 2 months. Her two eldest attend elementary school. Her husband is a dump truck driver. María's business is selling all kinds of clothes. She makes her sales door to door and also sells from her home where she has a small premises. She works every afternoon from Monday to Friday. She leaves her goods with her customers on credit and returns to collect payment every week. María buys her merchandise in Guayaquil every two weeks or every month depending on what she needs. She tells us that she has been in this business for seven years and what she sells most of is children's clothes. María will use this loan to buy pants, t-shirts, blouses, children's clothes, underwear and other garments. She has been a member of her community bank for five loan cycles and she likes it because the loans are dispatched quickly and don't have so many requirements. Her dream is to buy a car so that she can take her products to sell in other places.