A loan of $1,625 helped to buy animal feed and books.

Rosa Arcila's story

Rosa has been part of “Las Toquilleras” (The Straw Hat Makers) communal bank for several years. She likes the loans since she can improve her small business. She lives in Sigsig Canton, a place which enjoys natural beauty since it is surrounded by several mountains and green fields. It has a mixture of old and modern architecture. Its people are kind and courteous with big hearts. They still keep to their culture and traditions.

Rosa is 46 years old. She is married and from her marriage she has conceived six children. Two of them are married and have left home, one studies at university, one is at high school, and her two youngest children go to a small local school. Her husband is a professional driver; he drives a bus. The house they live in is their own.

Rosa makes a living from breeding animals and she also weaves Panama hats, an activity which she learnt to do from a very young age. These businesses have allowed her to contribute to her household finances and meet the costs of her children’s studies.

She invested her previous loan in the purchase of animal feed and toquilla straw, from which she obtained very good profits. She is repeating the loan and is going to invest it in feed for her animals and books for her children’s studies.

Translated from Spanish by Kiva volunteer Eloise Minogue

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