A loan of $900 helped to buy women’s and men’s jeans, t-shirts, and blouses.

Bertha Piedad's story

The Virgen Del Rosario Communal Bank meets every two weeks in Colorado in the Montecristi canton. It is known for its rich pre-colonial culture. It is also known for its handicrafts, which are recognized on a national and international level. Most of the inhabitants here devote themselves to making buttons out of “tagua” (Tagua has been called 'vegetable ivory' because the hard tagua nut has a white endosperm similar to elephant ivory), handicrafts, and general commerce.

This is where we meet Bertha, age 65. Several years ago her beloved husband died. His death left her alone with their six children. Now they are adults, and the youngest still lives in her house.

She is a very good housewife who searched for the way to get her children ahead. She sells all types of clothes. She works the last three days of the week, and she sells door to door. She tells us that the majority of her sales are done through orders. On these three days she makes sales, delivers orders, and collects because she extends credit. She collects every two weeks.

She buys her merchandise in Guayaquil because that is where she gets a greater variety of products. She has had this business for three years. Before that she had another business activity, but it did not go as well for her as her clothing business.

She will use this loan to buy women’s and men’s jeans, t-shirts, and blouses because she has a lot of orders. She has been in the communal bank from its inception. She likes the educational meetings because she learns a lot.

Her goals are to get ahead in her business and to have a clothing store.

Translated from Spanish by Kiva volunteer Ginny Kalish

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Loan details