A loan of $775 helped to buy 'tagua' (vegetable ivory).


Diana Carolina's story

The Los Corrales community bank meets every two weeks in a town called Los Corrales which is a few minutes from Montecristi, a city with a rich prehistoric culture. The inhabitants of this town carry out a number of different business activities such as handicrafts and general commerce.

Here we find Diana who is 20 years old, married, and from this recent and beautiful union she has a lovely little boy who is 16 months old and is her perfect treasure. Her husband is a merchant.

The loan she is requesting is for her husband's business. He buys and sells 'tagua' (a type of 'vegetable ivory' which is used for making buttons and many other types of products). He travels to the countryside where he can obtain the product cheaper then transports it to Manta where he sells it to merchants who export it to other countries and also sell it to button manufacturers in Colorado. He works from Monday to Friday from 7.00am to 4.00pm.

This loan will be used to buy more 'tagua' since he wants to take advantage of the fact that it is selling for a good price in the market. Diana's dream is to be able to buy a small truck so that her husband can carry out his work.

Translated from Spanish by Kiva volunteer Linda Oxnard


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Loan details