A loan of $1,275 helped to buy pants, blouses, shirts, and children's clothing.


Nancy Rocio's story

In the city of Tosagua, the communal bank "Amistad" meets every 15 days. This is a dynamic place with lots of vegetation, where most of the residents work in agriculture and raise animals. This is where Nancy, 31, lives with her common-law husband and their 2 children aged 13 and 8. Her children attend middle school and elementary school. Nancy's husband works in agriculture. In order to earn something on her own so that she can get ahead and help her husband, who does not earn much as a farmer, Nancy has a business selling all types of clothing. She sells from her stall in the center of the city, a place where there are a lot of merchants offering their products for sale. She also goes out to the cities of Bahia and Calceta on market days, because this is when a lot of people come to those cities and the sales are good. Nancy goes to buy her products in Guayaquil and Quito when she needs to stock up her business. She has more than 7 years of experience with this business, and it's doing very well. Nancy will use this loan to buy more merchandise, such as: pants, blouses, shirts and children's clothing. This is her 4th loan cycle with her communal bank, and she likes it because they help her to get ahead. Nancy's dream is to have a big store.

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Translated from Spanish by Kiva volunteer Lisa Grobar


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