A loan of $650 helped to buy clothes.

Flerida Lucia's story

The “Al Progreso” (To Progress) communal bank meets every fifteen days in Montecristi Canton known for its rich pre-colonial culture and for its crafts which are well-known both nationally and internationally; it’s where the famous straw hats come from.

Flerida, 38, lives here. She’s married and has two children who are 10 and 7 years of age; both attend school. Her husband’s in the military.

Flerida works selling all types of clothes door to door although most of the sales take place at home where she has a small locale with display cases to show her merchandise. She heads out to sell four days a week mostly in the morning and sells at home every day. She sells on credit and collects every fifteen days. She goes to Guayaquil to buy her merchandise and sometimes travels all the way to Ipiales (Colombia) and Huaquillas (Perú) when she needs merchandise. She’s been in business 16 years and uses profits to educate her children who are most important.

She’s going to use this loan to buy more merchandise like pants, blouses, t-shirts and children’s clothes. She’s been in the communal bank since its beginning fifteen years ago and she likes it because she gets ahead thanks to the loans. Her dream is to have a store and to give her children the best.

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Translated from Spanish by Kiva volunteer Polliz

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