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Patricia Monserrate
The “Camino Al Progreso” (Road to Progress) communal bank meets every two weeks in Montecristi Canton that’s known for its pre-colonial culture and for its crafts that are renowned both nationally and internationally; it’s where the famous straw hats come from.

Patricia, 21, lives here. She’s in a common law relationship and has two children, a three-year-old boy and a three-month-old baby. Her husband works in a sawmill.

She has a small store at home that she was able to start a short while ago with help the institution gave her to make her dream a reality. She sells a little bit of everything there although she still lacks much more in order to completely stock her store which is why she’s asking for a new loan to buy more merchandise and be able to give her customers everything they need thus winning over more clientele. She works every day from 6am until 8pm. She’s been in business four months and likes it because she can earn income without having to neglect her home; her children require much care.

She will use this loan to better stock her store. She will buy rice, sugar, oil, detergent, canned goods and other basic staple items. She’s been in the communal bank for two cycles and likes it because she’s made many friendships in the group. Her goal is to continue in business and that the store grows more every day.
View original language description ↓
EL Banco Comunal Camino Al Progreso se reúne cada quince días en el Cantón Montecristi, conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

En este lugar vive la señora Patricia, tiene 21 años de edad y mantiene una relación de unión libre de la cual tiene dos hijos, uno de 3 años y el menor un bebe de tres meses de nacido. El marido trabaja en una fábrica de madera.

Ella tiene una pequeña tienda en su casa la misma que hace poco y con la ayuda del crédito que recibió de la institución pudo hacer realidad su sueño, allí vende de todo un poco aunque aún le falta mucho para poder surtir por completo su tienda, es por eso que solicito un nuevo crédito para poder comprar un poco mas de mercaderia para darle a sus clientes lo que necesitan y así logara mas clientela, trabaja todos los días desde las 6h00 hasta las 20h00. Tiene recién cuatro meses con su negocio y le gusta ya que se gana algo sin tener que descuidar su hogar y sus hijos que necesitan muchos cuidados.

Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes, embutidos y otros productos de primera necesidad. Está en el Banco Comunal hace 2 ciclos y le gusta porque ha hecho más amigas en el grupo.

Sus metas son seguir adelante en su negocio y que su tienda crezca cada día más.

About Ecuador

  • $10,200
    Average annual income
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,419,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Patricia Monserrate to buy stock merchandise for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Sep 5, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013