A loan of $5,525 helped a member purchase blankets, sheets, clothing, and cosmetics.

24 De Diciembre El Florón (Portoviejo) Group's story

In the El Florón area of the city of Portoviejo, the ten female members and two male members of the 24 de Diciembre Community Bank of El Florón meet every two weeks. They work various jobs within the commercial and service sectors. Some time ago they decided to join together and form this credit group which has helped them a great deal in their business and in their personal lives.

One of the members of this group is Maria Carolina. She is 28 years old, married, and has a six year old son who studying in school. Her husband works for electricity company. She is a housewife who, in order to make money of her own and be able to help her husband cover household expenses, works selling sheets, blankets, clothing, and catalogue products of a variety of brands such as Avon, Yanbal, and Belcorp (beauty supplies, cosmetics, perfumes, and ladies accessories). She sells these products door to door by going out to various parts of the city where she has customers who purchase from her regularly. She takes advantage of the morning to get out early when her young son is in school. She delivers her products on credit and collects at the end of each week. Ever since she came of age she has worked in this profession, which has brought a good deal of satisfaction and now, with the help of these loans, has improved her financial situation.

This loan will go toward the purchase of the sheets, blankets, clothing, and cosmetics which she sells. She has been a member of the community bank since its inception and she appreciates the access it gives her for these loans.

Her goal is to one day have her own boutique.

In this group: María Carolina, Fátima Adriana, Gissella Monserrate, Virginia Del Carmen, Elvia Jennifer, Gema Anabelle, Tatiana Liliana*, José Roberto*, Jenniffer Alexander, Juan Antonio, Dinora Annabel, María Natalia
*not pictured

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Translated from Spanish by Kiva volunteer JOHN NELSON

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