A loan of $625 helped to purchase fish.

Paula Monserrate's story

The American Community Bank Street meets every fifteen days in Montecristi Canton, known for its rich pre-colonial culture and craftsmanship that is recognized nationally and internationally. Place of the famous straw hats.

Here we met the Ms. Paula, 31 years old, married with three children, ages 11, 8 and 6 and all in school. Her husband is a businessman.

She is taking the loan for her husband's business which sells fish. Every day her husband travels to the city of Manta where he buys good fish at a good price, then back to Montecristi and begins to travel the city on tricycle offering his products. He has been doing this business for more than 18 years and was something he learned early because before he went with his mother in this business until he became independent and now is the source of income which moves forward his family.

This loan is to buy fish. She has over 12 years in the community bank and likes it because the loans help her to finance the business.

Her dream is to have a car for her husband to make sales more comfortably.

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Translated from Spanish by Kiva volunteer Pamela Reynolds

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Loan details