A loan of $675 helped to buy pants, blouses, shirts, underwear and children's clothing.

Andrea Magdalena's story

In the Calderon parish of Portoviejo city, the Desarollo Femenino ["Women's Development"] Communal Bank meets every fifteen days. This region is known for its rich gastronomy and its vegetation. The majority of its inhabitants are farmers and general merchants.

Señora Andrea lives in this region. She is 25 and in a common-law marriage. She and her husband have three children ages 7, 5 and 2. The two oldest children are in school. Her husband is a policeman. She has been a member of the Communal Bank for two years and she likes it because the loans have helped her through many economical tight spots.

She is a housewife who sells Leonisa brand underwear and Yanbal products (beauty products, cosmetics, perfume and women's accessories) to make her own income. She works three days a week, just in the mornings when her children are in school, since she has to help them with their homework in the afternoons. She leaves her products on credit and charges every week. She has done this work for three years and it is going very well for her.

This loan is for the purchase of pants, blouses, shirts, underwear and children's clothing, since it is the holidays in her parish and she wants to sell this kind of merchandise as it sells very well in this season.

Her dreams are to have a store and to continue expanding her business.

Translator profile picture

Translated from Spanish by Kiva volunteer Christine Cooper

Loan details

Lenders and lending teams

Loan details