A loan of $550 helped comprar pantalones, camisas, blusas y otras prendas.

Fátima María's story

The Los Corrales Communal bank meets twice a month in the town of Los Corrales, which is just a few minutes from Montecristi. That city has a rich precolonial history, and most people here earn their living making handicrafts or operating retail shops.

Montecristi is also the home of Doña Fátima, age 35, married, and the mother of three sons, who are 14, 12, and 10. The two older boys are in high school and middle school, and the youngest in elementary school. Doña Fátima's husband works as a chauffeur and transports passengers in a van.

Doña Fátima wanted to earn her own income and be able to help her husband pay the family's expenses. She works selling a wide variety of clothing door to door to her neighbors. Doña Fátima works four days a week in the morning and has to help her children with their homework in the afternoon. She sells on credit, collecting payment on weekends, and buys clothing in Guayaquil when she needs to replenish inventory. Doña Fátima has sold clothing for seven years, earning the money she needs to pay for her children's education.

This loan is for the purchase of pants, shirts, blouses, and other garments. Doña Fátima has worked with the Los Corrales Communal Bank for five years and is pleased with the benefits the institution provides her. Doña Fátima and her family live in her mother's home, so one of her ambitions is to have her own home.

Translator profile picture

Translated from Spanish by Kiva volunteer Stephen Volante

Loan details

Lenders and lending teams

Loan details