A loan of $775 helped to purchase supplies like fabric, thread, zippers, buttons, and more to make her designs.

Teresa Victoria's story

The communal bank, "Manuelita Sáenz" meets in the Jocay neighborhood in the city of Manta on the coast of Ecuador. Manta is the first tuna port in South America and it is an area with a lot of economic activity.

Señora Teresa Z. is a native of Quevedo in the province of Los Ríos. She came to Manta to live 20 years ago and formed her family here. She is currently married and has three young children who are in college. Her husband is a taxi driver in the city.

Teresita is a woman who makes a leaving by sewing and designing. She learned when she was very young and her parents motivated to study and practice. She graduated and has worked for more than 5 years in this field. She makes athletic clothing, wedding dresses, and lingerie. She has a workshop in her home where she makes her designs. She tells us that her business is a little low right now because some people prefer to buy clothing that is already made, and that is why she chose to make and deliver her designs to department stores. Each piece of clothing costs $30, $50, or $70 depending on the design and how complex it is to make.

Teresa is requesting a new loan from the Fundación to invest in the purchase of fabric, thread, buttons, zippers, and other items to make her clothing so she can deliver her orders on time. She will travel to Guayaquil and Portoviejo to acquire these materials at a cost of approximately $800-1,000.

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Translated from Spanish by Kiva volunteer Tanya Harper

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