A loan of $1,000 helped to buy "tagua" (vegetable ivory).

Karina Rocío's story

The communal bank "Virgen del Rosario" meets every two weeks in Colorado in the Montecristi Canton, known for its rich pre-colonial culture and for the crafts that are renown nationally and internationally. Most of the inhabitants here make "tagua" buttons, crafts and are involved in general commerce.

Here we meet Mrs. Karina, age 28, who is married and has three children, ages 9, 6 and 1. The two oldest are in school. Her husband works in a factory in Montecristi.

She is a good homemaker and has been generating an income for the last 15 years making crafts. She makes "tagua" (vegetable ivory) buttons and uses a lathe to cut the buttons in raw form. She delivers these products to wholesale dealers in Manta who send them overseas to be finished. She works every day of the week from 8:00 a.m. to 12:00 p.m. and from 2:00 p.m. to 5:00 p.m., with the help of her sister. She divides her time between her job, the home and caring for her children.

She plans to use the loan to buy tagua which is the raw material for the buttons. She has been in the bank since its inception and is also its president. She enjoys the good loan terms.

Her dream is have a large factory with better technology.

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Translated from Spanish by Kiva volunteer Sherry Bess

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