A loan of $1,600 helped to buy clothing and costume jewelry.

Miriam Del Rosario's story

In the city of Tosagua the Banco Comunal Amistad meets every 15 days. This city is known to be dynamic, where the majority of its citizens make a living in agriculture and also raise animals, as it is region with great vegetation.

Miriam lives here. She is 36 years old, married, and has three children aged 16, 11 and 3. The two eldest are students.

Her husband is a merchant. Miriam has a business with her husband where they sell clothing and costume jewelry. The have a post in the city center, where they offer their products. They work every day from 8:00am until 6:00pm, selling for cash and on credit (but the latter only to those customers they know well).

To stock their merchandise, her husband travels every 15 days to the city of Guayaquil - a place where they can get the greatest variety at the best prices.

They have been at this business for nine years and it is going very well for them. This loan will be used to buy all types of clothing for both genders, as well as costume jewelry.

They have been associated with Banco Comunal for eight years and they like it because the loans help them to finance their business. Her dream is to open a store in a permanent location.

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Translated from Spanish by Kiva volunteer Emily Wong

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