A loan of $1,100 helped to buy more merchandise such as pants, blouses, t-shirts and children’s clothing.


Teresa Jacqueline's story

In the city of Portoviejo, capital of the Province of Manabí, known for many years as the City of the Royal Tamarind Trees, the members of the 8th of December Communal Bank get together every fifteen days. In this place we meet Teresa, 43 years old, married and from this relationship they have four children, two adults and the other two are 17 and 14 years old, and are studying at school. The older children are professionals and all of them live with her. Her husband is an industrial mechanic. In order to earn her own money our friend sells all types of clothing. She sells door-to-door and also from her home and many of her clients visit her when they need something to wear. She works 3 or 4 days a week, granting the customers credit, which they pay on the weekend. Whenever necessary she goes to Quito to replenish her supply. She has been doing this for more than 18 years and she has done very well and has many clients. The loan she receives will be used to buy more merchandise such as pants, blouses, t-shirts and children’s clothing. She has been a member of the Communal Bank for 8 years and she likes it because the group is so united. Her dream is to see that all her children finish their education and become good professionals.

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Translated from Spanish by Kiva volunteer Gail LeGrand


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