A loan of $1,200 helped purchase ivory nut.

Rosa Del Pilar's story

The Communal Bank "Virgen Del Rosario" (Virgin of the Rosary) meets every fifteen days in Colorado in the canton of Montecristi, which is known for its rich precolonial culture and for its artisanry, which is recognized nationally and internationally. Here, most of the inhabitants work at making buttons out of ivory nut, other crafts, and business in general.

Rosa, 35 years old, lives here. She is a single mother of three children aged 17, 15, and 13. The youngest studies in high school. She lives in her parents' home.

Rosa is an excellent mother who works hard to be sure that her children want for nothing. Her primary activity is making buttons made from the ivory nut. She has a drill for this purpose, a machine that will cut the ivory nut, and she uses it to make raw buttons. She then delivers these to wholesalers that come to her hometown to purchase them, then later take them to Manta where they will be sent abroad for finishing. She works every day with her childrens' help, and has two years of experience in this line of work, work which helps get her family ahead.

With this loan, she will purchase ivory nut, which is the raw material needed for her buttons. She's been in the communal bank for six terms and she enjoys how easy it is to make payments. Her dream is to run a large factory with better technology.

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Translated from Spanish by Kiva volunteer Shannon Skoglund

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