A loan of $1,000 helped to buy seasonal clothing and school supplies.

Marjorie Elena's story

The Soraya communal bank meets every two weeks in Montecristi canton, renowned for its rich pre-colonial culture and its crafts that are famous both nationally and internationally. It is a place famous for its Panama hats.

Marjorie is a founding member of the communal bank. She is the bank’s Payments Overseer and she likes the bank because of the ease of getting loans. She is 31 years old and is in a common law relationship. She has a 7-year-old daughter who is in school. Her husband is abroad.

She works as a contractual Teacher at a school in Manta but she’s also a merchant. She has a locale in Montecristi where she sells all sorts of things according to the season. She sells clothes, bed sheets, toys and school supplies, among others. She tells us that she takes advantage of the seasons in a year to sell her items. She works every day during the afternoon when she’s working as a teacher and all day on her days off because one has to take advantage of the most time to win over more customers, she tells us. Sometimes her father helps her in the business.

This loan is to buy seasonal clothing as well as school supplies because the new school term is fast approaching. Her dream is to secure a state teaching position.

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details