A loan of $1,300 helped to buy clothes, sandals, and costume jewelry.

Maritza Elizabeth's story

The communal bank Madre Para Un Futuro Mejor meets every fortnight in the canton Veinticuatro de Mayo in the province of Manabí, which is known for its beautiful countryside, its forests, and the variety of its fauna, as well as for the kind and hard-working inhabitants who make a living from agriculture and farming.

It is here that Maritza lives. She is 33 years old and married. From her marriage she has two daughters, of 16 and 12 years of age, who are studying at school. Her husband is a merchant.

Maritza makes a living by selling clothes of all types, sandals, and costume jewelry. She sells door-to-door or in her house, to which her most regular customers come. Her sales are always very high since she has credit facilties; she lets her customers have the sale on credit and they pay if off weekly or fortnightly. She also runs a bar with her husband in the locality's school, where they sell a lot of very healthy food prepared by Maritza, such as pies, sandwiches, and corviches (fish encased in green banana mixture and fried), as well as juices and smoothies, among other things. She has dedicated more than nine years to both of these activities, and it is how she and her husband ensure that their children lack nothing.

This loan is for buying clothes, sandals, and costume jewelry. The party season is coming and it is when she makes the most sales. She has been in the credit group for seven years and she likes it because of the help it gives to her.

Her dreams are to have a place to sell her products and to have a restaurant.

Translated from Spanish by Kiva volunteer Eloise Minogue

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Loan details