A loan of $1,000 helped to buy shoes, sandals and costume jewelry.

Diana Carolina's story

In the city of Portoviejo, capital of Manabí, known for many years as the City of the Royal Tamarinds, the members of the Alfa communal bank meet every two weeks. Diana, 19, lives here. She’s in a common law relationship and has no children yet. Her husband’s a bricklayer.

To earn her own income to help her husband with household expenses she is a merchant; she sells shoes and costume jewelry. She’s also employed Monday through Saturday in a boutique in the city but she devotes her free time to her sales. She sells on credit and collects payment every weekend. She buys her merchandise in Guayaquil because it’s less expensive there. She’s been in business for a year and she’s done well.

She will use this loan to buy more merchandise like shoes, sandals and costume jewelry. She’s been in the communal bank for three cycles and likes it because her fellow members are very united. Her mother was who took her to the bank and she’s very happy about that. Her dream is to have a house of her own because she currently lives with her in-laws.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details