A loan of $775 helped to buy pants, blouses, t-shirts, underwear, sheets, curtains, etc.

Belén Aracely's story

Picoaza Communal Bank meets every two weeks in Picoaza parish in the city of Portoviejo, known for being a commercial area, for its traditional San Pedro and San Pablo festivals, and for the rich history enclosed by its mountains.

This is where Belén lives. She's 35 years old and in a common-law marriage. She has three children, ages 17, 13, and 12, from a previous relationship years ago. They all attend school. Her husband has a rotisserie chicken business.

To support herself Belén set up a business five years ago in downtown Picoaza where she sells all types of clothing as well as sheets and other garments. She works every day from 8 a.m. until 4 p.m. and in the evening she helps her husband downtown in his rotisserie chicken business.

She started her business when she separated from her first husband because her children were little and needed a lot of things. Thanks to her business she was able to get her family ahead.

She's going to use this loan to buy pants, blouses, t-shirts, underwear, sheets, curtains, and other things.

She has been in the communal bank for seven years and likes it because she started her business thanks to her first loan. Her dream is for her children not to lack anything.

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Translated from Spanish by Kiva volunteer Catharine Wall

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