A loan of $775 helped to buy shoes and jewelry.

María Annabel's story

The credit group “Vida Nueva” (“New Life”) meets every 15 days in the canton of Jaramijo, a place is known for its beautiful beaches. Here the majority of the inhabitants are hard-working and make a living working at sea. This is where Mary, 26, lives. She is in a common-law marriage and has two children ages 6 and 2, the oldest of which studies in school. Her husband works in a factory.

Doña Maria is a homemaker who sells shoes and jewelry to make her own living and thereby help her husband with household expenses. She sells door to door and works three days a week, two to three hours a day. She sells her products on credit and charges every eight days. She has been working in this business for a year. It began with the first loan she received from the group and has enabled her to earn money for her children’s well-being.

This loan is to buy shoes and jewelry. This is her third cycle in the credit group, and she likes it because payments are easy to make. Her dream is to own a boutique.

Translated from Spanish by Kiva volunteer Amanda Fried

Loan details

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Loan details