A loan of $850 helped to buy clothes and shoes.


Lisbeth Katherine's story

The Bienestar y Progreso communal bank meets every two weeks in Colorado in the Montecristi canton. It is known for its rich pre-colonial culture and its artisanal crafts that are known nationally and internationally. It is where the famous paja toquilla hats come from. This is where Lisbeth comes from. She is 21 years old and is the single mother of a 10 month old girl. She studies economics at the university of Manta and lives in her parents' house. Lisbeth is a hardworking young woman who likes to get ahead based on her own hard work, and that way get her little daughter ahead by herself. She is a merchant who sells clothes and shoes via catalog. She goes out in the community, although most of her sales are made where she goes to school, since she has very good customers there. She also has a taxi that brings in good income. It has a driver whom she pays a salary for his work. This loan is to buy clothes and shoes, since she has a lot of orders. She has been in the communal bank for two years and she likes it because that is how she finances her business. Her dream is to finish her major and give her daughter the best.

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Translated from Spanish by Kiva volunteer Ellen Donohue


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