A loan of $775 helped to buy creams, perfumes, costume jewelry, American clothing, etc.

Melva Nelly's story

The communal bank "Esperanza y Progreso" meets every two weeks in the Montecristi Canton, known for its rich pre-colonial culture and crafts and renown both nationally and internationally. It is the place of the famous "panama" straw hat.

Here we meet Mrs. Melva, who is 45 years old and married. She has five daughters, ages 20, 19, 16, 14 and 10, who are all either in college, highschool or gradeschool. Her husband works in a factory.

She is a good homemaker and helps her husband with the household expenses by selling Avon and Yanbal (beauty products, perfume, cosmetics and accessories). She works every day in the afternoons since she sells American clothing in the morning. She began this business recently but making a good income from it. She delivers the products on a credit basis and collects payment every two weeks.

This loan is to buy creams, perfumes, costumer jewelry, American clothing and other products. She has been in the communal bank for 13 terms and enjoys the benefits and support received from the Espoir Foundation. She acts as Collections clerk at the bank.

Her dream is to be an important businesswoman.

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Translated from Spanish by Kiva volunteer Sherry Bess

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