A loan of $700 helped to purchase trousers, blouses, shirts, and children’s clothing.

Flerida Lucia's story

The Communal Bank “Camino al Progreso” (Road to Progress) meets every fifteen days in the canton of Montecristi. This place is known for its rich pre-colonial culture and its handicrafts that have been recognized on a national and international level. It is also where the famous Panama hats are made.

One can meet Sra. Flerida in this place. She is 35 years old, married, and has two children (ages 7 and 4). The older child is in school. Her husband is in the military. Flerida has a business degree.

She sells all types of clothing door-to-door, but most of her sales are conducted from her home where she has a small shop with display cabinets. Flerida also generates sales from orders submitted from her customers. She works every day from 9am to 6pm. Flerida offers her goods on credit and collects payment every fifteen days. Her merchandise is purchased in Guayaquil, but she also travels as far as Ipiales (Colombia) and Huaquillas (Peru). She says that she has been in this business for 15 years.

This loan will be used to buy more merchandise such as trousers, blouses, shirts, and children’s clothing. She joined the Communal Bank when it first started 13 years ago and enjoys being part of the group. Her dreams include having a larger store where she can sell her products.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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