A loan of $950 helped purchase pants, blouses, shirts, and children's clothes.

Jennifer Asunción's story

La Fortuna Communal Bank meets every 15 days in the Picoaza parish in the city of Portoviejo. This place is known for being a very commercial area as well as for its traditional festivals of San Pedro and San Pablo and for the happiness of its people.

In this place lives Jennifer, who is 19 years old. She is married with two children who are three and two years old. Her husband is a salesman.

She took this loan for her husband's business, which sells all types of clothes door to door. Her husband goes to other cities where he sells his merchandise on credit, and he collects every eight or 15 days. He purchases the merchandise in Guayaquil every 15 days and sometimes during the week when he has a lot of sales. He has been in this business for 10 years and it is going fairly well. This is how he earns an honest living.

This loan will be used to purchase more merchandise such as pants, blouses, shirts, and children's clothes. Jennifer has been in the communal bank since the beginning and likes it because of the help that the loans give.

Her dream is to have a small grocery store in the middle of the city.

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Translated from Spanish by Kiva volunteer Olivia Shirley

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