Total loan: $675
Portoviejo, Manabí Province, Ecuador / Retail
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A loan helped to buy perfumes, creams, cosmetics, and slippers.
Jessica Monserrate's story
Jessica lives in the city of Portoviejo, which is the capital of Manabí. It has been known for many years as the city of real tamarinds due to the large quantity of this fruit that it produced years ago. Jessica meets with her communal bank, Fe y Progreso (Faith and Progress), every two weeks. Jessica is 29, married, and has a 6-year-old son, who is in elementary school. Her husband is a taxi driver. She is a housewife, and she sells Veliza slippers and Oriflame products (beauty products, cosmetics, perfume, and women's accessories) to make her own money. She works Monday through Friday. She sells on credit and collects every week. Her products are delivered to her home. She has done this work for 4 years, and it is going very well for her. She will use this loan to buy perfume, creams, cosmetics, and slippers. This is her fourth loan with her communal bank. She liks it because her loans help her a lot to finance her business. Her dream is to have a large bazaar downtown.