A loan of $4,525 helped a member to buy ladies clothes and shoes.

Cristo Resucitado (Portoviejo) Group's story

The “Cristo Resucitado” (Christ Resurrected) communal bank meets every two weeks in Portoviejo, known for many years as the Royal Tamarinds City.

This is a group of women who, despite being in just their first cycle, are very unified and eager to get ahead which is the reason they came together. Some want to set up their businesses and other want to improve the ones they already have always aiming at improving their daily life for their own and their families’ wellbeing. They are involved in a variety of economic activities like: commerce, sales, production and services.

On this occasion we chatted with Maribel, 39. She is separated at the moment but has three children. Since separating she had to take charge of her children’s expenses. All are minors and two go to secondary school and the youngest daughter is in elementary school. This means high expenses.

A few years ago, then, she decided to go into commerce. First she started out selling Yanbal brand beauty products and perfumes. However, noting that this did not produce income sufficient to meet her needs she decided to sell shoes and ladies clothes. This is what she is currently selling. She works every day from 8am until 11am and again from 3pm until 5pm because she also has to tend to her home and children. She buys the clothes and shoes in Quito and Guayaquil, cities she travels to once a month depending on the number of orders she has.

This financing will be used to buy more merchandise to increase sales. It is her first loan and she liked it because of the ease in obtaining loans.

Her dream is to have a boutique.

In this group: Cruz Esperanza, Martha Janneth, Maribel De La Asunción, Katherine Estefania, Cielo Estrella, Sonia Vanessa, Yasmin Marizela, Dolores Eulalia, Gloria Auxiliadora, Nelly Solanda, María Concepción, Katiuska Elizabeth, Maira Isabel, Ana Lisseth

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Translated from Spanish by Kiva volunteer Polliz

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