A loan of $775 helped to buy pants, blouses, t-shirts and children's clothing.

Juana's story

In the lowlands of Montecristi, a city known for the great diversity of its traditional products such as the woven Panama hats that are famous inside and outside of the country, the communal bank "Madres Unidas" meets every 15 days.

Here we meet Juana, 59, who is married and has a grown daughter who is married but lives in her house with her husband and their small children who are 8 and 3 years old. Juana's husband is a farmer.

Juana has a business selling all types of clothing. She sells door-to-door and also sells from her house where she has set up a small store. She works 3 days a week, mostly in the mornings. She sells her products on credit, and collects every 15 days. Every time she needs merchandise she goes to buy it in Guayaquil. She tells us that she started this business many years ago with the first loan that she received from the bank, and that it has always gone very well because she has a lot of customers that prefer her business even though there is a lot of competition.

She will use this loan to buy more merchandise such as: pants, blouses, T-shirts, and children's clothing. She has been a member of her communal bank since it was started 18 years ago, and she likes it because of the help and the benefits she receives from the institution.

Her dreams are to carry on and continue with her sales.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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