A loan of $1,300 helped to buy pants, shirts, blouses and children's clothing.

Angélica María's story

The members of the “San Ignacio de Colon” communal bank meet every two weeks in San Ignacio in Colon Parish in the city of Portoviejo, a place known for its hardworking people who are dedicated to agriculture and animal husbandry.

Angélica, 29, lives here. She’s in a common law relationship and has three children who are 13, 12 and 5 years old. The older ones attend secondary school and the youngest is in Kindergarten. Her husband is an auto mechanic.

She’s a housewife who in order to earn her own income sells all types of clothes door to door. She works three days a week especially during the morning when her children are at school. She sells on credit and collects payment on the weekend. She has many customers that place orders with her because she gives them easy payment options. She’s been in business two years and does very well.

She is repeating the loan since the previous one was very helpful; it yielded good profits that she used to pay expenses generated by her children’s return to school. She hopes to use this new loan to buy pants, shirts, blouses and children’s clothes to stay in this business that gives her so much satisfaction.

This is her 6th loan with the communal bank and she likes it because all the loans have improved her life. Her dream is to continue moving forward with her business.

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Translated from Spanish by Kiva volunteer Polliz

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