A loan of $1,075 helped to buy perfumes, crèmes, and cosmetics.

Leonor Edith's story

The members of the Communal Bank “Los Capuchinos” meet every 15 days in the neighborhood of San Cristóbal in the city of Portoviejo, the capital of Manabí. For many years, Portoviejo has been known as the city of “Los Reales Tamarindos” (The Royal Tamarind Trees).

Sra. Leonor lives in this place. She is 44 years old, in a common-law relationship, and has two daughters (ages 15 and 9). The older daughter is in high school and the younger one is in elementary school. Her husband works at a private institution.

Doña Leonor is a housewife who generates her own income so that she can help her husband with the household expenses. She sells products from Avon and Yanbal (including beauty products, cosmetics, perfumes, and women’s accessories). Leonor works three days a week for two to three hours each day. She offers her products on credit and collects payments every eight days. Leonor also raises chickens in a small coop at her house. She generates a very good income from selling them, which helps to pay for her daughters’ education.

This loan will be used to buy perfumes, crèmes, and cosmetics. This is her fifth loan cycle with the Communal Bank and she enjoys being a member because the loans have been a great help to her and her family. Her dream is to provide the best for her daughters.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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