A loan of $1,100 helped to buy fish.

María Monserrate's story

The José Cesario Reyes Communal Bank meets every two weeks in Montecristi Canton, known for its rich precolonial culture and its nationally and internationally renowned handicrafts and its famous straw hats.

María is a founding member of the bank and she likes it because of the help the loans offer for getting ahead. She is 39 years old and married, and from this relationship she has four children, ages 19, 16, 13, and 11. All her children still live with her and two of them are studying. Her husband is a businessman.

María is getting the loan to help her husband who himself sells fish. She tells us that her husband goes all over the city on his own tricycle selling his products, which he buys in the morning in the city of Manta from fishermen who arrive from the beaches of that city. He has been doing this work for about ten years, and this is how he has been able to get the family ahead.

This loan is to buy fish for daily sales.

Their dream is to buy a car to sell the fish in more distant areas.

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

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Loan details