A loan of $6,300 helped a member to buy perfumes, trinkets, cosmetics, crèmes, and clothing.

El Pedregal De San Jorge (Portoviejo) Group's story

The members of the solidarity group "El Pedregal de San Jorge" meet every 15 days in the San Jorge neighborhood of the city of Portoviejo, the capital of Manabí. Portoviejo has been known for many years as the city of "Los Reales Tamarindos". This group of individuals decided to join together some time ago and form this Communal Bank, which has now received many loans. To this date, they have been able to improve their small businesses. They engage in various activities such as agriculture, general trade, services, and other businesses.

It is in this place that one can meet Sra. Miriam, age 38. She is married and has three chidlren (ages 15, 12, and 8). The two older ones are in high school and the youngest attends elementary school. Her husband is a merchant.

Miriam is an excellent homemaker who earns her own income so that she can help her husband with the household expenses. She sells Avon and Yanbal products (beauty products, cosmetics, perfumes, and women's accessories). Miriam also sells clothing through catalogs. Her sales are conducted by going door-to-door. She takes advantage of her free time and moments when she is not busy in order to make a sale. Miriam extends credit and collects payments on a weekly basis. She says that she enjoys selling and has done very well in the four years she has been in business.

Her loan will be used to buy perfumes, trinkets, cosmetics, crèmes, and all types of clothing. Miriam has been with her Communal Bank from the beginning and enjoys the help that the loans have given her. Her dream is to continue forward in her business.

The two small photos are of three members who could not be present when the group photo was taken.

In this group: Ana Teresa, Clara Isabel, Noemi Mirella*, María Rosa, Otyta Geovany, Elena, Mercy Filadelfia, María Del Consuelo, Erika Lorena, Sonia Mariela, Daniel Dario, Miriam Iliana, Justina María, Emma Francisca
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

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