A loan of $675 helped to buy children's clothes and women's pants.


Luisa María's story

The "Por Un Nuevo Amanecer" ("For a New Dawn") Community Bank meets every fifteen days in the Montecristi canton, which is known for its rich pre-colonial culture and for its handicrafts, which are nationally and internationally renowned. It is the home of the famous straw hats. Here, you can find Luisa, who is 66 years old and married. She has three grown-up children, who live with her. Her husband is a construction worker. She is a good homemaker who also sells all different kinds of clothing by going door to door or from her house. She works three days a week. She gives her clients credit and collects every fifteen days. She buys her merchandise in Guayaquil and Manta every fifteen days or monthly, according to need. She mainly sells children's clothes and women's pants. She will use this credit to buy more clothing for women and children. She has been a member of the community bank almost from the start, and she really enjoys seeing her friends at their meetings. She would like to have a shop of her own.

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Translated from Spanish by Kiva volunteer Ross Forman


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