A loan of $1,500 helped to buy perfumes, creams, cosmetics and clothes.

Rosa Esther's story

The Balzar cooperative bank meets every fifteen days in the town of San Placido, located in the canton of Portoviejo. This area is known for its friendly and hard-working people who, for the most part, dedicate themselves to activities related to farming.

This is where Rosa, 39, lives with her partner and their two children, ages 15 and 10, who are in school. Her husband is a merchant.

She is a homemaker who, in order to have her own means by which to help her husband meet household expenses, dedicates herself to selling all types of clothing. She sells door-to-door, traveling three or four days per week. She doesn’t have a fixed schedule for selling her products, selling in the mornings or afternoons depending on her customers. She leaves her products on credit, and collects every eight days. She has dedicated herself to this business for 4 years, and things have always gone well for her since he has a good clientele.

This loan is for the purchase of perfumes, creams, cosmetics and clothing. She has been in the cooperative bank for 4 years, and enjoys it because she started her business with her first loan.

Her dream is to have a store.

Translated from Spanish by Kiva volunteer

Loan details

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Loan details