A loan of $700 helped to buy pants, shirts, blouses, and other garments.

Yolanda Marisol's story

In the city of Portoviejo, a beautiful city of green mountains and enchanting landscapes, known for many years as the City of the Valley, we find the place where the members of the “La Frontera De Urvavisa” communal bank meet every 15 days.

This is the place where Yolanda lives. She is 32 years old and lives in a common-law relationship from which she has five children, who are 17, 15, 12, 9, and 5 years old. The oldest ones study in high school, and the younger ones in grade school. Her husband is a master builder.

She works at a house in the city where she does the domestic chores. In her free time she works in commerce. She sells clothing of all kinds door-to-door. Once she leaves work, she visits her clients to charge them and to offer her products, which she sells on credit and then charges for each week. She has been in this business for more than 5 years and it is going very well for her. She is sent merchandise from Quito whenever she needs it.

She is requesting a new loan. With the previous loan she was able to finance her business, because she didn’t have the capital to invest in it. With the earnings she was able to help her husband with her children’s school expenses. This loan will be used to buy pants, shirts, and blouses, among other clothing items. She has been with the communal bank since it started and she likes it because she has been able to finance her business and earn something on her own so that she can help her children.

Her dream is for her children to be successful and professional people.

Translated from Spanish by Kiva volunteer Jennifer Day

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