A loan of $1,700 helped to buy clothing, sport shoes, creams, perfumes, etc.

Valeria Cecibel's story

The communal bank La Sirena meets every 15 days in the neighborhood of La Sirena in the city of Manta. It is a city known for its beautiful beaches which are visited throughout the year, and for being a city of singular beauty with many tourist attractions.

Here lives Valeria, 23, who is single and lives with her parents. She studies Marketing at the University of Manta and works selling all kinds of clothing, sport shoes and Cyzone products (beauty products, cosmetics, perfume and women's accessories). She sells door to door, although most of her sales are made where she studies since she has a lot of customesr there who buy from her for the easy payment terms. For over three years she has been in business and started it with her first loan through the communal bank.

This loan will be used to buy clothing, sport shoes, creams, perfumes and other products she sells. She has been in the communal bank for three years and enjoys it because it helped her start the business that covers her educations costs.

When she finishes her education she wants to become a great business owner.

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Translated from Spanish by Kiva volunteer Sherry Bess

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