A loan of $1,625 helped to buy clothing.


María Fernanda's story

Señora María has been part of the El Arenal communal bank for some time now. This is a lovely group. All the members are united, kind, and always help with any problems. María lives on the outskirts of the city of Cuenca, a city surrounded by beautiful countryside and with many places to enjoy nature. Cuenca's colonial architecture won it the designation of World Heritage Site in December 1999.
María is a very young woman; she is 26 and is the single mother of four children ages 11, 9, 7, and 2. Her three eldest children go to a small school in the city. They do not have their own home; they rent.
María makes sports clothing in her workshop and has sold all kinds of clothing for several years. She likes this work because it allows her to be independent economically and to spend time at home taking care of her children.
She invested her previous loan in materials for her workshop. Her income from this loan was very useful and covered many of her household costs. She did not have any trouble repaying the previous loan, and she repaid the installments on the payment dates as planned. She will also invest this new loan in the purchase of clothing in order to have a greater variety for her demanding clientele.

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Translated from Spanish by Kiva volunteer Christine Cooper


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