A loan of $675 helped to buy clothing and footwear.

Rosa Angelica's story

The "20 de Abril" communal bank meets every 15 days in Montecristi canton in Portoviejo province, which is known for its rich pre-colonial culture, and for its handicafts, which are recognized at the national and international level. This is the home of the famous toquilla straw hats (also known as Panama hats).

This is where we met Rosa, who is 22, and married. She and her husband have two children, ages six and four. The eldest goes to primary school, and the youngest is in nursery school. Her husband is a construction worker.

She is a housewife, who in order to earn her own income, sells clothing, footwear, and Avon products (beauty products, cosmetics, perfumes, and ladies' accessories). In addition, she has a small shop in her home where she sells school supplies and ice cream.

She goes out three days a week to sell her products, although she carries out most of her sales at her shop. She sells her products on credit, and collects every weekend. She has been doing this for five years, and it's going quite well.

This loan is to buy clothing and footwear, as the holidays are approaching, and in this season you sell quite a lot of these products. She has been with the communal bank since the beginning, and likes it because the payments are easy to make. Her dream is to continue increasing her business.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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