A loan of $1,000 helped to buy perfume, composition books and pens.

Carmen Mercedes's story

Carmen is 36 years old. She lives in a peri-urban area of El Fortín de Guayaquil. She is single and has two children who are attending public (state) schools.

Carmen started her business some time ago when she separated from her husband. She decided to open a stationery store through a loan that she received from Social Security. She then took out another loan from D-Miro. Carmen works alone in her stationery store from 7.00am to 8.00pm every day. With the help of this loan, she would like to buy more merchandise to stock her store. In the future, she would like to expand her business and continue educating her children.

Translated from Spanish by Kiva volunteer Linda Oxnard

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