A loan of $1,025 helped to buy trousers, blouses, shirts and children's clothing.

Ayda Merilin's story

The "María Inmaculada" communal bank meets every fortnight in the La Sequita de Montecristi parish, a canton known for its famous straw hats that are recognised at both national and international levels.

Ayda lives here. She is 25 years old, is married and has two children - aged five and three years old - with her husband. Ayda's oldest child will start school this year and her husband works in a factory in Manta.

Ayda is a very good housewife who, in order to earn some money on her own, has a business selling all types of clothes and costume jewellery. She sells door-to-door and, in addition, she raises chickens at home, which she then sells to businesses when the chickens are old enough. Ayda makes her sales three days a week, mostly in the evenings when her husband returns home from work and can look after the children. Her customers pay on credit, with Ayda going round to collect every Saturday. She buys her merchandise in Portoviejo when she needs it.

Ayda is going to use this loan to buy more merchandise such as trousers, blouses, shirts and children's clothes. She has been part of the communal bank since the beginning and likes it as it was with her first loan that she started her business.

Ayda's dream is to have her own house as she currently resides at her mother's house.

Translated from Spanish by Kiva volunteer Iain Gaw

Loan details

Lenders and lending teams

Loan details