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A loan of $1,000 helped to purchase trousers, blouses, shirts, and other articles of clothing.

Rosita Cristolaida's story

The town of Mejía is located a few kilometers away from the city of Portoviejo. It is here that the Communal Bank “Las Divinas de Mejía” meets every 15 days. Most of the people in this town engage in agriculture, growing and selling coconuts.

Sra. Rosita is a founding member of the Communal Bank. She enjoys being a member because the loans have enabled her to improve her business. Rosita is 49 years old, married, and has 11 children. Eight of her children are already grown and the three youngest ones (ages 13, 11, and 8) still live with her and attend school. Her husband works as a security guard.

Rosita is an excellent homemaker who helps her husband with the difficult task of maintaining their household. She also sells all types of clothes by going door-to-door. In addition, Rosita has a small shop in her home where she clothes. She says that she receives orders from her customers. Rosita works every day, extending credit to her customers and collecting payment every 15 days. She buys her merchandise in Guayaquil as needed. Rosita has been in business for one year and has done very well.

This loan will be used to buy trousers, blouses, shirts, and other articles of clothing. Her dream is to have a large store.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details