A loan of $725 helped to buy crafts.


Ayda Isabel's story

The La Pila Communal Bank meets every fifteen days in La Pila, Montecristi canton. This area is well-known in the province and in the country for its rich traditional culture. There one can find a large variety of artisanry made by the locals in keeping with the customs of their ancestors.

Here we meet Aida. She is 23, married, and has two children ages 8 and 1 from this relationship. Her oldest child is in school. Her husband is an artesan. She has been part of the Communal Bank almost from the beginning and she likes it because of the benefits and the free loans that the institution offers.

She is a wonderful housewife who takes care of the home and is a merchant. She buys and sells decorations and ceramics. She rents a spot in downtown La Pila where she sells all kinds of clay and ceramic artisanry. She works every day from 8:00 am to 7:00 pm. She tells us that she buys her products from artisans in the area; however, she buys them unfinished. Later, at night or when she has free time she finishes them to sell at a better price. She has had her business for six years and it has gone very well for her.

This loan is for buying more artisanry of all shapes and models to stock her business. She has been in the Communal Bank for 10 cycles, and she likes it because she used her first loan to start her business.

Her dream is to have her own location so that she won't have to pay rent, as a large portion of her earnings is spent on rent.

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Translated from Spanish by Kiva volunteer Christine Cooper


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