A loan helped to buy cocadas [a typical coconut confection], caramel peanuts, sesame treats, and other sweets.

Marlene Monserrate's story

Marlene Monserrate is 57 years old. She is divorced and has two children. One is grown and independent, and the other is 16 years old and not in school at the moment. They live in Picoazá, an area known for its commerce and religious festivals and its production of vegetables, legumes and tropical fruit. It is a hub for progress and the main center for informal trade in Manabí.

Marlene Monserrate and her children sell artisanal sweets like cocadas [coconut confections], caramel peanuts, and sesame treats to help the children get ahead. They sell at the beaches on weekends, and from home and delivery to stores that regularly request them.

She was unable to work at first due to social distancing for fear of contagion, but she is currently serving customers while following health safety protocols.

This loan is to buy cocadas [typical coconut confections], caramel peanuts and sesame treats, among other sweets. Her dream is to have a vehicle to expand her sales to more places, and for her children to enjoy good health.

Translated from Spanish by Kiva volunteer Kristin Fisher.

This loan is special because:

It helps borrowers withstand negative economic impacts of the COVID-19 pandemic.

Loan details

Lenders and lending teams

Loan details