A loan of $1,225 helped to buy clothing, shoes, and handbags.

Atila Magdalena's story

The communal bank "7th of September" meets every two weeks in the city of Manta, a city known for its beautiful beaches, which are well visited in every season of the year, and for being a city with unequaled beauty and many tourist attractions.

In this place we meet Señora Atila. She is 46 years old, is married, and has three children; two are adults and the youngest is 17. All her children still live with her and study at the university and in secondary school. Her husband is a taxi driver.

She has a shop in her house in which she sells clothing, shoes, handbags, costume jewelry, and other items. She works every day, and her daughter is the one who helps her when she is not busy. To get her merchandise, she travels to Panama every four months and takes advantage of this to bring as much as she can. She also travels to Guayaquil at the end of every month or when she needs more merchandise. She has been in this business for 17 years, and it is going very well for her.

She will use this loan to go to Guayaquil to buy clothing, shoes, and handbags. She has been in her communal bank for 12 years, and she likes it because the interest rates are lower than at other lending institutions.

Her goals are to continue advancing and to have good health.

Translated from Spanish by Kiva volunteer Pam McMurry

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