A loan of $775 helped to buy perfumes, creams, cosmetics, and clothing.

Carmen Mercedes's story

Picoazá is listed in the books as one of the aboriginal villages of the Manteño-Huancavilca culture. This urban parish is located only ten minutes away from the city of Portoviejo, the capital of the Manabí Province. Here the members of the communal bank "María Asunción" gather every fifteen days.

In this place there lives Carmen. She is 40 years old and married, and from this relationship she has three children: two children aged 3 and 16, and a 7-month-old baby. The oldest is attending high school. The husband is a tradesman.

Carmen is a housewife, who in order to earn her own income to help her husband with house expenses, sells clothing and Yanbal products (beauty products, cosmetics, perfumes, women's' accessories) by catalog sales. She sells door-to-door. She works every day for some two to three hours. She sells her products on credit and collects every eight days. She has been doing this activity for 15 years which is why she has a good clientele who always buys her products.

This loan is to buy perfumes, creams, cosmetics, and clothing. This is her fifth cycle in the communal bank and she likes it because the payments are easy to make.

Her dream is to provide the best for her children.

Translated from Spanish by Kiva volunteer Jeremy Orloski

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