A loan of $900 helped to purchase Yanbal-brand cosmetics.


Mercedes María's story

The 8 De Mayo communal bank meets every 15 days in the beautiful city of Portoviejo, the capital of Manabita province. The city is surrounded by wonderful beaches and has a hot and pleasant climate, with beautiful and tenacious women.

Portoviejo is also the place where Mercedes lives. She is 60 years old, married, and has three children whom she raised—Mercedes was never able to have children of her own and raised them since they were small, so she considers them her children. Two of them are now adults, while the youngest is 6 years old and is in school. Mercedes’ husband works in a transportation cooperative.

Mercedes makes a living selling Yanbal-brand products (beauty products and toiletries) and Leonisa-brand products (women’s undergarments). Her sales method is going door to door, and she works every day in the afternoon. She sells most of her products to her customers on advance order, and her most popular items are perfumes and undergarments. She goes to Guayaquil and Quito every 15 days to purchase the clothing. She has had this business for more than 14 years and it is going very well.

Mercedes is going to use this loan to purchase Yanbal-brand cosmetics. She has been a member of her communal bank for more than 3 years, and she likes it because the loans have increased her business each time.

Mercedes’ aim is to get ahead in her work.

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Translated from Spanish by Kiva volunteer Chris Knutson


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