A loan of $1,300 helped to buy iron, paint, welding, etc.

Maritza Margarita's story

The Virgen Del Rosario community bank meets every fortnight in Colorado in Montecristi Cantón, renowned for its rich precolonial culture and handicrafts, which are famous nationally and internationally. The majority of its inhabitants make a living producing tagua buttons, handicrafts, and in business in general.

Señora Maritza lives here. She is 40 and has a partner with whom she has four children aged 20, 18, 12 and 11. The two youngest study in school and college. Her husband is a craftsman.

Maritza is requesting this loan to help her husband with his business. He has a metal workshop in the neighborhood, where he makes doors, windows and other structures from iron. He works every day and is always busy with plenty of work, while she works as a housewife and in a local button factory, which provides her with an income. Her husband has had his workshop for over 10 years, and thanks to God, it is doing very well.

She is going to use the loan to buy iron, paint, welding and other materials necessary for her husband's business. She has been a member of the Community Bank for four cycles, and she likes it because the group is very united.

Her dream is to have her own button factory.

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Translated from Spanish by Kiva volunteer Chloe Pilpel

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