A loan of $1,025 helped to buy clothes, bed-sheets, awnings, and more.

Blanca Flor's story

The "Chimborazo" communal bank meets every fortnight in the Picoaza parish of the city of Portoviejo. This is an area well-known for it businesses, its traditional San Pedro and San Pablo parties, and because its people are so happy.

Blanca lives here in Picoaza. She is 41 years old and is separated. She has a 21-year-old son from her marriage, and he continues to live with her. He is studying at university.

In order to get ahead in business, Blanca sells clothing of all types: she sells bedspreads, trainers, quilts, awning and anything else that she can sell. Blanca sells door-to-door and also out of her home, where her customers come when they need something. She works three days a week, and prefers to work in the morning. She sells on credit, collecting payments every Sunday. Blanca has been doing this work for over ten years and it is helping her to prosper.

Blanca will use this loan to buy more merchandise such as clothes, bed-sheets, awnings and other items to sell. She has been with the communal bank for three loan cycles and likes it as the loans help her to finance her business and improve it every day.

Blanca's dream is to continue to move ahead. with her business.

Translated from Spanish by Kiva volunteer Iain Gaw

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