A loan of $675 helped to buy fabric, coverings, threads, fasteners, sponge, etc.

Carmen Anabel's story

Every two weeks, the '21 de Noviembre' community bank meet in Montecristi canton which is known for its rich pre-colonial architecture and also for its handicrafts which are well-known both at home and abroad. It is the home of the famous Panama hat.

Here we meet 36 year-old Carmen who lives with her common-law husband and has three children aged 18, 15 and 5. Her two youngest are attending high school and kindergarten. Her husband is a carpenter.

Carmen and her husband have an upholstery and sewing workshop where they upholster furniture and vehicles. She tells us that while her husband takes charge of the upholstering, she makes curtains, cushions and small pillows for buses. They work every day and their work is well known throughout their province since they also do work in other cantons. In these cases, they travel in order to carry out their work. They have been in business for 17 years and have always had a good customer base, in spite of the competition.

Carmen will use this loan to buy raw materials for making her products such as fabric, coverings, threads, fasteners, sponge, etc. She has been a member of her community bank since the beginning and she likes it for the benefits that she receives. Carmen's goals are to further increase her business and to continue making progress every day.

Translated from Spanish by Kiva volunteer Linda Oxnard

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