A loan of $1,375 helped to buy clothes.

Karina Mariuxi's story

The “Bienestar y Progreso” (Wellbeing and Progress) communal bank meets every fifteen days in Colorado in Montecristi Canton known for its rich pre-colonial culture and for its crafts that are renown both nationally and internationally; it’s where the famous straw hats come from.

Karina, 31, lives here. She’s married and has two children who are 9 and 8 years of age and attend school. Her husband is a merchant.

She is a great housewife who is also a merchant in order to help cover household expenses. She sells all types of clothes, sheets, curtains and various other products door-to-door. She works four days a week throughout the city offering her wares to customers and she also sells at home where her best-known customers come by. She sells on credit and collects every Saturday. She’s been in this activity 8 years and does very well.

She will use this loan to go to Guayaquil to buy more merchandise like pants, blouses, t-shirts and children’s clothes. She’s been in the communal bank for 8 years and likes it because she started her business with the first loan for which she’s very grateful. Her dream is to provide her children with a good education.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details