A loan of $1,100 helped to buy inventory for her shop.

Katiuska Antonieta's story

The Esperanza y Progreso (Hope and Progress) communal bank meets every two weeks in the city of Montecristi, known for its rich, pre-colonial culture, and for its nationally and internationally known arts. It’s also a place known for its famous straw hats.

Katiuska lives here, is 39 years old, married, and has two children, ages 10 and 8. The children attend school and her husband is a teacher at a school in Manta.

Besides working as a public employee, she also has a shop in the home where she sells all types of products, such as clothing, shoes, cards, stuffed animals, among other things. They also make silk-screens, sashes, and other things. She has a young girl to whom she pays a monthly wage and who works in the shop and serves customers. Katiuska buys her merchandise in Guayaquil and Ambato. She’s had this business for more than ten years and things have gone well for her.

She will use the money from this loan to buy clothing, shoes, stuffed animals, and costume jewelry. She’s been a member of the communal bank for 11 years and enjoys it because the loans have helped her to grow her business.

Her dreams are to move ahead with her business and personal life.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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