A loan of $550 helped to buy paper, soft drinks, juice and ice cream.

Matilde Flora's story

The José Cesario Reyes Communal Bank meets every two weeks in the Montecristi Canton, known for its rich pre-colonial culture and for its traditional craftmanship which is recognized at a national and international level. It is the place of the famous straw Panama hats.

Matilde lives here. She is 60 years old and married. From that relationship they have five children who are already adults, one of whom still lives with her. Her husband works in the Montecristi mayor's office.

Matilde is a very good homemaker. In order to earn on her own and with that be able to contribute to the expenses the household generates, she took the savings that she had and more than four years ago she put a photocopier in her house. She also sells ice cream, juice, and soft drinks among other things. She works in her business every day and she has many customers who go to her store daily whether it be to make copies or to enjoy a delicious ice cream. Because her house is close to a high school her sales are always good.

She will use this loan to buy paper, soft drinks, juice, and ice cream to supply her business. Since the beginning she has been with the Communal Bank and she likes it because of the benefits that the institution offers.

Her dreams are to continue being successful in her business and to have very good health.

Translated from Spanish by Kiva volunteer Katherine Beck

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