A loan of $1,600 helped to buy tyres, oil and spare parts.


Yinger Marilin's story

The communal bank Grupo De Crédito De Colorado meets once a fortnight in Colorado, in the Montecristo canton. The area is known for its rich precolonial culture and for its handicrafts which are renowned both nationally and internationally. It is the home of the famous Panama straw hats.

This is where Yinger lives. She is 37 years old and is married. They have three children aged 17,14 and 8; the older ones are at college and the youngest is at primary school. Yinger's husband is a car mechanic.

As a good wife, Yinger is taking out the loan for herself and for her husband to use in his work. He has a car repair workshop at their home where she also sells some spares such as oil, brake fluid, tyres and other items. She sells these on a daily basis to customers who visit her husband's workshop, which is very busy. He has a lot of experience repairing cars and has had the workshop for more than 17 years. This is how he earns a living and provides for the family.

The loan is to buy tyres, oil and spares. Yinger has been in the communal bank for 8 years and she likes it because the loans help her to finance her business. Her dream is for her children to become professionals.

Translated from Spanish by Kiva volunteer Judith McInally


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