A loan of $550 helped to purchase trousers, blouses, shirts, and children’s clothing.

Eufemia's story

The members of the Communal Bank “Madres Unidas” (Mothers United) meet every 15 days in Los Bajos de Montecristi, a city known for its great diversity of traditional products, such as the Panama hats that are famous within and outside of the country.

It is in this place that one can meet Sra. Eufemia. She is 42 years old, married, and has three children (age 17, 14, and 8). The two older children are in high school and the youngest one attends elementary school. Her husband is an electrician.

Eufemia is an excellent homemaker who starting selling clothes 10 years ago so that she could earn her own income. She continues with this business and works three days each week, mostly in the mornings. The evenings are when she meets with all of her customers. Eufemia sells by going door-to-door and taking orders. She offers her products on credit and collects payment either weekly or in three installments. Eufemia buys her merchandise in Portoviejo at a place that offers quality products at a good price. According to Eufemia, women's clothing is what she sells most.

This loan will be used to buy more merchandise such as trousers, blouses, shirts, and children’s clothing. Eufemia has been with the Communal Bank for 16 years and likes being a member because the loans helped her to start her business. Her dream is to see her children finish their studies and become successful professionals.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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