A loan of $6,450 helped a member to buy sheets, duvets and pillows.

San José (Montecristi) Group's story

The San José communal bank meets every fortnight in the Montecristi canton, known for its rich precolonial culture and for its handicrafts which is renowned nationally and internationally. It is the hometown of the famous Panama hats. This is a group of people who decided to come together a while ago to establish this communal bank which has helped them a lot as, using the loans that they receive from the institution, they have been able to improve their small businesses. They work in a variety of fields such as sales, handicrafts and services.

Dorys, who is 30 years old, lives in this place. She is in a common law marriage from which she has two children of 4 and 7 years old, the eldest studies at school, and the youngest in kindergarten. Her husband is a trader. Keen to earn something through her own means, and in that way help with the household expenses, she sells sheets, duvets and pillows. Her manner of selling is from door to door, and she also sells from her home where even her customers come. Dorys works three days a week and sells when she is not busy and does not work fixed days. She gives her customers loans and collects every fortnight. She buys her merchandise in Guayaquil whenever she needs to. Dorys has been working in this area for four years and it has been going very well.

She will use this loan to buy sheets, duvets and pillows. She has been in the communal bank for eight loan cycles and she likes it because of the assistance that it gives her. Her dream is to give her children the best

The three small photos are of three members who were unable to be present when the group photo was taken.

In this group: Cecilia Monserrate*, Dorys Nadesda, Johana Margarita, María Del Carmen, Karen Juliana, Otilia Mariana, Candida Mariuxi*, Bertha Francisca, Maricela Moncerrate, Teresa Auxiliadora, Verónica Cecibel, Egdita Roxana, Fanny Moncerrate, Rosa Mercedes, Glenda Mariuxi , María Eugenia, Nelly Del Jesús, Jorge Elieser*, Geoconda Isabel
*not pictured

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Translated from Spanish by Kiva volunteer Severine

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