A loan of $1,300 helped purchase supplies and stationery.

Rosario Paulina's story

The Guillermo Balda Communal Bank meets every 15 days in Canton Montecristi, which is know for its rich pre-colonial culture and for its handicrafts that are known at the national and international levels. It is the place with the famous straw sombreros.

Rosario lives in this place. She is 41 years old, married, and has three children. Two of the children are already grown, and there is a girl who is six years old and studying in school. She is the only child who lives with Rosario. Rosario's husband is an artisan.

Rosario has a small grocery store in her home. In addition to basic supplies, she also sells fruits, legumes, stationery and dollar-store-type items. The thing that generates the best income, overall, is the stationery because they live close to a school and sales are always very good. Rosario has had this business for five years, which has given her great satisfaction because she always earns something there without having to leave her house.

This loan is to purchase supplies and stationery items in order to stock her store and stationery even more. She has been through four cycles in the communal bank, and she likes it because of the benefits and the help that the bank gives her.

Her dream is to continue growing her business.

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Translated from Spanish by Kiva volunteer Olivia Shirley

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