A loan of $850 helped to buy pants, blouses, T-shirts, and children's clothing.

Eufemia's story

In Los Bajos de Montecristi, a city known for its great variety of traditional products such as the Montecristi (or better known as Panama) Hat made of woven straw, which is known throughout the country and internationally, the members of the communal bank "Madres Unidas" meet every 15 days.

This is the place where Eufemia, 44, lives. She is married and together with her husband has 3 children aged 18, 15, and 9 years. The two oldest are in high school, and the youngest is in elementary school. Her husband is an electrician.

Eufemia is a very good housewife who, in order to generate her own resources and help her husband with the household expenses, also has a business selling all types of clothing. She works 3 days a week, mostly in the mornings and in the evenings, because these are the times when she can find her customers. She sells door-to-door and through orders. She sells on credit and collects weekly. Eufemia buys her merchandise in Portoviejo, at a place that has very good products and good prices. She mostly sells women's clothing. She has had this business for more than 10 years, and it is doing very well.

She will use this loan to buy more merchandise such as: pants, blouses, T-shirts, and children's clothing. She has been with her communal bank for more than 16 years and she likes it, because with the loans she started her own business.

Eufemia's dream is to see her children finish their education and become good professionals.

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

Lenders and lending teams

Loan details