Funded

Total loan: $1,500
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Carmen Karina


A loan of $1,500 helped to buy clothing for resale.


Carmen Karina's story

The “August 30” communal bank meets every two weeks in the Picoaza perrish in the city of Portoviejo, a place knows as being a very commercial zone, also for its traditional festivals in San Pedro and San Pablo, and for its people’s happiness.

Carmen lives here. She’s 34 years old and has two children, ages 7 and 3. The older of the two attends school. Her husband is a policeman. She is a woman who likes to take care of herself and earn her own income to pay for her and her children’s expenses. She has a shop set up in her home, where she sells paper goods, all types of clothing, shoes, and also offers Internet service. She works at her activities daily and aside from selling in her shop, she also visits her customers either to sell something new or collect from them, since she also sells on credit and collects every two weeks. She’s been doing this for five years and things are going very well for her.

She will use the money from this loan to buy more merchandise, such as pants, blouses, t-shirts, and children’s clothing. She has been a part of the communal bank for two years and likes to be able to obtain loans quickly. Her dream is to continue to expand her business.

Translator profile picture

Translated from Spanish by Kiva volunteer Hugo Reyes


Loan details

Loan length:

6 months
Disbursed date: August 30, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 30, 2012
Facilitated by Field Partner: Fundación ESPOIR