A loan of $1,075 helped to buy clothes.

Fátima Susana's story

The “Salud y Vida” (Health and Life) communal bank meets every two weeks in the city of Charapoto. This location is known for its traditional culture and also for being just a few minutes from two of the province’s best beaches: San Jacinto and San Clemente. Fátima, 40, lives here. She’s married and has three daughters who are 11 and 9 years old; the youngest are twins. Her husband is a job supervisor for a construction firm.

In order to earn income of her own to help cover household expenses, Fátima sells new and used clothes. She has a locale downtown that many people come to when she brings new merchandise and on weekends which are market days. She works every day from 8am until 6pm and only on Sunday works a half-day. She buys the used clothes in Portoviejo from a supplier and the new clothes in Guayaquil which is where the best prices and more variety are; she’s been in business 8 years and does very well.

She will use this loan to buy all types of clothes. She’s been in the communal bank for 4 years and likes it because of the help the loans always provide. Her goal is to stay in business and own her own shop because where she currently sells belongs to her sister.

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Translated from Spanish by Kiva volunteer Polliz

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