A loan of $1,000 helped to buy pants, blouses, t-shirts and chldren's clothing.

Juana's story

The members of the communal bank Madres United meet every 2 weeks in Los Bajos de Montecristi, a city known for it large diversity of handicrafts, such as Panama hat which are famous nationally and internationally.

Here we meet Juana, 60, married and with one adult daughter. The daughter is married and lives in her own house with her husband, a farmer, and their young children, 9 and 4.

Juana is a wonderful wife and mother who works selling all types of clothing. She goes door to door and also sells out of her house when customers come by if they want a particular piece of clothing. She works three days a week, particularly in the mornings. She sells the items on credit and collects payments every two weeks. Juana buys the merchandise in Guayaquil whenever she needs more. She started this business with the first loan that she received from the bank many years ago and it has always done well.

She will use this loan to buy more merchandise such as pants, blouses, t-shirts and children’s clothing. She is a founding member of the communal bank and she likes it because thanks to the first loan, she was able to open her business.

Her dreams are to continue getting ahead with her sales and the business.

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Translated from Spanish by Kiva volunteer Miriam Palacio

Loan details

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Loan details