A loan of $1,000 helped to buy clothing.

Marjorie Gabriela's story

Maryuri B. is very young; she lives with her mother and she’s still single. But, she is a hard-working, responsible woman. She is dedicated to two businesses: clothing sales and the sale of Esika beauty products. She has sold clothing for 7 years. She buys the clothes in Guayaquil from wholesalers twice a month. She has sold Esika for just 4 months. She intends to use the funds to invest in her businesses.

Thanks to her good disposition toward work, her businesses are quite profitable and she assures us that they produce good profits. She has regular customers in Montecristi and in Manta. She is 25 years old and has been involved in three loan cycles with the foundation. She is grateful to the foundation because she has had good profits during these three cycles. She sells women, men and children clothing on one-month credit. At the end of the month, she collects from her customers, recovers her capital, and acquires products again.

Maryuri will use these new funds to travel to buy more merchandise; she has several pending orders because the new school term is approaching and May is another good month for high sales volume.

Maryuri’s dream is to have her own clothing store. In general, she invests 500 dollars in the business and does quite well. She also dreams with owning her own home. Thanks to her work and effort she already owns a lot; now she just has to build the house. She is sure that she will reach this goal with her hard work.

Her mother is a clothing merchant too. Maryuri wanted to start working since she was very young. As she had some savings, 200 dollars, she invested them and doubled her investment. She then reinvested and now sees the fruits of her labors. Thanks, too, to the communal bank she is working even harder to make her business grow.

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Translated from Spanish by Kiva volunteer Polliz

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