A loan of $775 helped to purchase trousers, blouses, shirts, and children’s clothing.

Yessica Elizabeth's story

The Communal Bank “Chimborazo” meets every 15 days in the parish of Picoaza in the city of Portoviejo. This place is known for its commercial activity, its traditional festivals for St. Peter and St. Paul, and the cheerfulness of its people.

Sra. Yessica is a founding member of the Communal Bank and enjoys the credit services. She is 27 years old, married, and has two children (ages 12 and 7) who are in school. Her husband is an informal merchant.

Yessica is an excellent housewife who divides her time between her home and her business. She sells all types of clothing by going door-to-door. Yessica also accepts orders from her customers. She works two days per week during the mornings and then on Sundays she collects payment for the products she offers on credit. Yessica says that she only sells in the mornings because she wants to take advantage of the time when her children are in school. In the afternoons, she helps them with their school work. Yessica buys her merchandise in Picoaza at a place that offers good prices. She has been in business for two years and has done well.

This loan will be used to buy more merchandise such as trousers, blouses, shirts, and children’s clothing. Her dream is for her children to study and become good people.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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