A loan of $750 helped to buy clothes.

Rosa Nelly's story

Rosa is a member of the “El Crédito” communal bank. She lives in the city of Cuenca, a city with a cold climate. Thanks to its fractured topography, this city has great scenery where nature can be enjoyed. Its city center blends the colonial with the modern and its residents still retain its culture and traditions.

Rosa, 60, is married and has six children; four of them are married and live independently, one works and helps out economically and her youngest who is 17-years-old attends a local high-school. Her husband helps her in her business since he’s retired. She does not own a house; she’s a renter.

She has worked selling all types of clothes for 20 years. She sells at home to her neighbors and acquaintances. She also works making costume jewelry. She works doing these things because it’s work that makes it possible for her to cover household expenses and to get ahead with her entire family.

She used her previous loan to buy clothes and she repaid it on the proper dates. She will use her new loan to buy clothes too for her demanding clientele. She likes the communal bank because they’ve become like a second family and they discuss various interesting topics at each meeting.

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details