A loan of $550 helped to buy perfumes, creams, cosmetics, and underwear.


Katty Maricela's story

The San Juan Communal Bank meets every two weeks in the San Juan neighborhood in the city of Manta. This place is known for its beautiful beaches, which are visited a lot by national and foreign tourists in all seasons of the year. The majority of the residents here work in the fishing industry.

This is where we meet Katty. She is 23 years old and married. She has a six year old daughter, who goes to school. Her husband works delivering construction materials.

She works from Monday to Friday for a business in the city of Manta. But, she also sells Yanbal products (beauty products, cosmetics, perfume, and women’s accessories). She works every day because besides working in the factory from Monday through Friday, she also sells her products on Saturday and Sunday. She leaves the merchandise on credit, and she collects payment every week.

She has had this business for six months. She started it with a loan in her communal bank, and it is going very well for her.

This loan is to buy perfumes, creams, cosmetics, and underwear. It is her second cycle in the communal bank, and she likes it because the payments are easy to make.

Her dream is to have her own house because she lives in her parents-in-law’s house.

Translated from Spanish by Kiva volunteer Ginny Kalish


Loan details


Lenders and lending teams



Loan details