A loan of $1,000 helped to purchase ladies' undergarments.

Mercedes Fidelina's story

The "San Gregorio" communal bank gathers together every 15 days in the charming town of Portoviejo, the capital of Manabí. The town is known as the City of the Valley and it has warm weather, beautiful women and a great variety in its gastronomy.
That's where Mercedes lives. She's 30 years old and married, and from this marriage she has two daughters aged 9 and 3. The older one attends school. Her husband works for a public institution.
She's a very good homemaker who's dedicated to her household, to taking care of her daughters and to sales. She sells ladies' undergarments by way of a catalogue from the Leonisa brand. She sells door-to-door and works three or four days a week, but mostly in the mornings. She also sells from home, where her customers come to buy her products, which she sells on credit and collects payment every eight days. She receives her merchandise from a distributor in Portoviejo.
She will use this loan to purchase ladies' undergarments, since she has orders to deliver. She's a founding member and the president of the communal bank, and she enjoys it because the loans come through quickly, without so many requirements.
Her dreams are to move forward with her business and to provide the best for her little girls.

Translated from Spanish by Kiva volunteer Renata Wolff

Loan details

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Loan details