A loan of $550 helped to buy handicrafts.

Guadalupe Idalinda's story

The communal bank Por Un Nuevo Amanecer (For a new dawn) meets every 15 days en the Montecristi Canton, known for its rich pre-colonial culture and its handicrafts, which are renowned nationally and internationally. It is the place of the famous straw hats (sombreros).

In this place lives Guadalupe, who is 54 years old, married, and has 3 children who are no longer minors, but they still live in her house. Her husband is a teacher.

Guadalupe rents out a spot in a museum in the city, where she sells all types of handicrafts made of straw, ceramic, wood, and other material. Just like other vendors from the city, she sells her wares in fairs in the city or in other places, presenting her products. It is in those times that they are sold the most. What she sells most are straw hats, since those are very appreciated by foreigners who arrive to this place. She buys the hats in the city and is also brought hats from the mountains. She has had her shop for two years.

This loan is to further stock her business. She is going to buy all types of handicrafts. This is her third cycle in the communal bank, and she likes it because the loans have low interest. Her dream is to have her own shop.

Translated from Spanish by Kiva volunteer

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