A loan of $1,600 helped to buy notebooks, pens and all types of school materials.

Karina Elizabeth's story

The "San Esteban" communal bank meets every two weeks in the city of Charapoto. The area is known for its traditional culture and because it is only a few minutes away from the province's best beaches, San Jacinto and San Clemente.

Karina lives here in Charapoto. She is 28 year old, single and living with her parents. She has a degree in accounting, something she achieved after much effort.

In order to cover her costs and to help her parents with household costs, Karina has had a shop in the city centre for three years. There she started with a photocopying machine and, later, with the help of loans, she managed to build up a small stationery shop. It is now very well-stocked and Karina works there every day, with help from her mother who serves customers when Karina is not there or when she has to go out for other accounting jobs - Karina also works as an accountant in various places.

This new loan will be used to buy notebooks, pens and all types of school materials as classes will soon be starting and this is when these products sell most. Karina has been with the communal bank for three years and she likes it because the loans have helped her with her business a great deal.

Karina's dream is to have a bigger stationery shop.

Translated from Spanish by Kiva volunteer Iain Gaw

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