A loan of $1,500 helped to buy tagua [ivory palm].


Viviana Elizabeth's story

The village bank Virgen del Rosario meets every 15 days in Colorado in the canton of Montecristi, which is known for rich pre-colonial culture and for crafts that are recognized around the country and the world. Here the majority of the people work making tagua buttons, creating crafts and other general commerce. Here we meet Viviana, 28, is married and has two children, 13 and 12, who are in school. Her husband is a driver. Our friend makes buttons out of tagua [ivory palm nut] in her sister's workshop. She also buys and sells tagua and has a small warehouse of this material that is greatly used by her neighbors and fellow bank members. She tells us that to buy these products she has to travel to Picoaza in the canton of Portoviejo where she buys from farmers and merchants that give her a good price. Later from her warehouse she delivers them to all of the workshops in the area, which is a very profitable business since she has fixed clientele. She has been doing this for 7 years and it's going very well. She will use this loan to buy tagua to sell. She has been in the village bank for 2 years and likes everything about it. Her dream is to have a truck to make it easier to transport the tagua.

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Translated from Spanish by Kiva volunteer Mary Berghaus


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