A loan of $1,100 helped to buy pants, t-shirts, blouses, children's clothing, undergarments, shoes, etc.

María Fernanda's story

The members of the cooperative bank Las Piedras meet every fifteen days in the sector known as Las Piedras of the Picoaza parish in the city of Portoviejo. This area is known for its traditional culture, for the happiness of its people, and its festivals of San Pedro and San Pablo.

In this location lives María, who is 24 years old and in a common-law marriage from which she has a 5-year old daughter who will start school this year. Her husband is a driver for a water company. She studies long-distance at the University of Guayaquil on Saturdays and Sundays.

María has a store where she dedicates herself to the sale of all types of clothing, shoes, and accessories from the Belesa brand. She works every day from 8:30 am to 6:00 pm. She has had her store for two years but, prior to that, she sold door-to-door and slowly saved enough to open her site. She goes to buy her merchandise in Huaquillas, Guayaquil and Ambato once or twice a month, depending on her needs.

This loan is for the purchase of pants, t-shirts, blouses, children’s clothing, undergarments, and shoes, among other garments. She has been in the cooperative bank for more than two years, and likes it because of the assistance they provide with the loans.

Her dream is to augment her business more.

Translated from Spanish by Kiva volunteer

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Loan details