A loan of $1,075 helped to purchase blouses, pants and lingerie.

Rosa Agustina's story

Rosa lives in Orquídeas, a city to the north of Guayaquil. In her neighborhood she has access to services for water, electricity and sewage. She has lived in this area since she was able to acquire a loan for the purchase. Rosa began her commercial life selling something similar to lottery tickets (cadenas de dinero) to family and friends. She was able to take care of many of her bills in this way. After several years of this type of work she was able to collect enough capital that she was able to buy clothing to sell, since this seemed to her a very marketable business. She completes her sales between 8am and 3pm, traveling through various neighborhoods and visiting her clients since her business is informal. The things that she sells include blouses, pants, and undergarments for both men and women. She obtains a commission of $4 for every product she sells. She enjoys her business very much since it allows her to overcome the financial challenges that she faces being a single mother of three children. Rosa hopes to obtain a loan with which she will buy more merchandise for sale. Her future goal is to open a permanent bazaar so that she can dedicate more time to her family.

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Translated from Spanish by Kiva volunteer Debra McMahon

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