A loan of $900 helped to buy a machine to clean and wash carpets.

Silvana Monserrate's story

The members of the “Damas Positivas” (Positive Women) Communal Bank meet every two weeks in Portoviejo city, the capital of Manabí. It has been known as the city of the Royal Tamarinds for many years.

This is where we find Silvana, age 36. She is divorced, and she has a 15 year old daughter who is in high school. She has been in the communal bank for eight years, and she likes it because the loans are fast and do not have so many requirements.

She has a carwash on the Avenida del Ejército. In addition to carwash services, she also sells antifreeze and brake fluid. Also, in the evenings she uses the place as a garage. She works every day from 8:00 a.m. until 5:00 p.m. She pays a weekly salary to the three people that work with her.

She will use the loan to buy a machine for cleaning and washing carpets.

Her goals are to have her own house and her own place. She rents where she lives and the place where she has her business.

Translated from Spanish by Kiva volunteer Ginny Kalish

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