A loan of $775 helped to buy clothes.

Ángela Elizabeth's story

The Communal Bank Los Corrales meets every two weeks in a town called Los Corrales, a few minutes away from Montecristi. Most people there work in activities such as craftsmanship and trade in general. This is where Ángela lives. She is a 26-year old woman who lives with her partner and has a 5-year old son who attends school. Her partner works with a tank wagon.

With an aim to help his partner with the household expenses, Ángela started her business selling all kind of clothing items. She sells door to door to people in the area, gives credit and receives the money every week. She works four days per week in the morning, when her son is at school and she has more freedom. She buys the products in Guayaquil, where she goes once or twice per month, depending on the sales and orders she has.

She will use the requested loan to cover the trip expenses to Guayaquil to buy clothes. She is a co-founder of the communal bank and is happy for the help she receives from the loans. Her dream is to have her own home as they currently live in her parents-in-law's house.

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Translated from Spanish by Kiva volunteer Esther Alcaina

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