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A loan of $2,925 helped a member to purchase sandals, pants, shirts, blouses etc.

Nuevo Atardecer (Cuenca) Group's story

Every two weeks in the city of Portoviejo, the capital of Manabí, known for many years as the city of the real tamarinds because of the large quantity of the fruit that used to grow there, there is a meeting of the members of the communal bank Nuevo Atardecer (New Dusk). On this occasion, we are visited by the sister of one of the members. In the photo, the member is dressed in a purple blouse, and her sister is behind her.

This is a group of people who decided to come together in order to obtain their first loan with the purpose of improving their businesses and their lives. They make their livings in various activities, such as commerce, sales, production and services. This is the first cycle with the communal bank for our friend and for the group itself. They are very satisfied because the loans are easy to get.

Here we meet Señora María. She is 25 years old, is married and has a 2 1/2-year old daughter. Her husband works for a shipping company.

Señora María is a good housewife and makes her living in commerce. She sells all types of clothing from a catalog and sandals. She makes her sales going door to door and also from customers who pre-order their purchases. In addition, she sells products from her home. Señora María sells her merchandise on credit and collects payments on a weekly basis. This provides her an advantage, as she she makes use of the collections time to make new sales. She gets the sandals from a distributor in Portoviejo, and she purchases the clothing in Guayaquil. She works alone, has been running this business for three years, and she tells us that it has been going very well for her. What she sells the most of is sandals and women's clothing.

She is going to use this loan to purchase merchandise, like pants, shirts, blouses, sandals and other items, in order to grow her business. Her dream is to one day have her own home, since she currently lives in her in-laws' house.

In this group: Rosario Monserrate, Shirley Celinda Del Carmen, María Isabel, Dolores Patricia, Gabriela Monserrate, George Geovanny, Alexandra Elizabeth, Elvis Adolfo, Consuelo Del Rocio, Asunción Agustina

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Translated from Spanish by Kiva volunteer Marni Siegal

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