A loan of $625 helped to buy clothes.

Ayda Merilin's story

The “María Inmaculada” (Mary Immaculate) communal bank meets every two weeks in La Sequita Parish in Montecristi, a canton that’s known as the birthplace of the “Viejo Luchador,” Eloy Alfaro, and for the famous straw hats that are admired both inside the country and abroad.

Ayda, 23, lives here. She’s married and has a one-year-old son and a 10-month-old baby. Her husband works in a factory in Manta.

She is a very good housewife who, in order to earn income of her own and be able to buy needed things for her children, sells all types of clothes and costume jewelry door to door. Most of her sales are based on prior orders from her customers. She works three days a week, mostly in the evening after her husband gets home so he can stay home and take care of the children. She sells on credit and collects payment each Saturday. She goes to Portoviejo to buy merchandise each time she needs to. She also raises chickens at home that she sells to merchants.

She will use this loan to buy more merchandise like: pants, blouses, t-shirts and children’s clothes. She’s been in the communal bank since the beginning and she likes it because it was thanks to her first loan that she was able to start her business.

Her dream is to have a house of her own because she currently lives at is her mother's.

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Translated from Spanish by Kiva volunteer Polliz

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