A loan of $775 helped to buy women's clothing and bed sheets.

María Agusta De La Fé's story

In Portoviejo’s outskirts, a beautiful city with a pleasant climate and a rich variety of typical regional dishes, we find the Los Ángeles (Angels) communal bank which meets every two weeks.

María has been a member of this communal bank since its inception. She says she enjoys it because she always gets the loans on time and problem-free. She is very grateful to Fundación Espoir because it has helped her in difficult times. She has been in a common law union for 30 years and has three children all of whom are adults but still live at home.

She is a clothing merchant but also sells bedspreads because, as she tells us, they sell well and produce good profits. She sells door-to-door but also from home. She works three or four days a week about five hours a day. She buys the merchandise once a month in Guayaquil because it is less expensive there.

This new loan will be used to buy bed sheets and women’s clothing because she has a lot of pending orders to fill.

Her wish is to buy a car so that she can go buy and sell her merchandise much more quickly.

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Translated from Spanish by Kiva volunteer Polliz

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