A loan of $850 helped to buy plates, glasses, chairs, and buckets.

María Mercedes's story

The María Inmaculada communal bank meets every 15 days in the La Sequita parish in Montecristi. The canton is known for its famous straw hats that are valued in and outside of the country.

This is where María, age 36, lives. She is married, and they have six children, ages, 18, 17, 16, 12, 8, and 6. The older ones go to high school, and the two youngest go to elementary school. Her husband is a bricklayer.

María is a very good housewife. In order to get her own income, she is a merchant. She sells plastic products like plates, glasses, and bags, etc. She works every day, mostly in the mornings. That is when it is coolest and she can best make her rounds. She sells for credit and collects every week-end. She has been in this business for over two years, and it is going very well for her. With her profits she is able to help her children be able to get ahead in their studies. What her husband earns is not enough for this.

This loan is to buy plates, chairs, glasses, and buckets, among other things. She has been in the communal bank for over two years. She likes it because of the help the institution, as much as her colleagues, has given her.

Her dreams are to get ahead and to see her children complete their education.

Translated from Spanish by Kiva volunteer Ginny Kalish

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