A loan of $1,100 helped to buy tools, lubricant, and spare/replacement parts.

Yinger Marilin's story

The communal bank of Colorado meets every two weeks in Colorado del Cantón Montecristi, known for its rich precolonial culture and crafts, which are recognized at the national and international levels. It is the home of the famous Panama hats.

Ms. Yinger lives in this city. She is 36 years old, married, and has three children--ages 15, 12, and 6 years old. The older children are in high school and the youngest is in elementary school. Her husband is an auto mechanic.

Like a good wife, Doña Yinger is applying for this loan for her husband to use in his work. He has an auto mechanic shop in their home, where he and Yinger sell spare/replacement parts, lubricants, and brake fluid among other items. She would like to take advantage of this opportunity to sell to the regular customers that visit her husband's shop. Her husband has a lot of experience repairing cars, and has had the auto repair shop for more than 17 years. It is the way in which he earns a living and supports his family.

This loan is to buy tools, lubricants, and spare/replacement parts. Doña Yinger has been a member of the communal bank for 7 years, and she likes it because she can help her husband.

Her dream is to have a large shop to sell spare and replacement parts.

Translated from Spanish by Kiva volunteer Kate Wegmann

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Loan details