A loan of $1,000 helped to buy creams, perfumes, cosmetics, notions and kitchenware.

Gina Aracely's story

The “Río de Oro” (River of Gold) communal bank meets every two weeks in the La California neighborhood of Portoviejo, capital of Manabí, a city known for many years as the City of the Royal Tamarinds.

We met Gina, 46, here. She is the bank’s Secretary. She is in a common law relationship and has two children who are 16 and 13 years old and in school. Her husband works at a firm.

She is a very good housewife who also has a locale where she sells kitchenware and Yanbal brand products (beauty products, cosmetics, perfumes and women’s accessories). She works every day from 8am until 9pm. She sells her products in her locale since her customers always come by there. She sells on credit and goes out to collect payments on Sundays. She’s been in business for 12 years and likes it because she entertains herself at work.

This loan is to buy perfumes, creams, cosmetics, notions and kitchenware. This is her fourth cycle in the communal bank and she likes it because her fellow members are very responsible. Her dream is to own a car to get around more comfortably.

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details