A loan of $1,000 helped to buy perfume, cream, cosmetics, and clothing.

Heroina Monserrate's story

The Santa Marianita Communal Bank meets every 15 days in the Santa Marianita neighbourhood of the city of Manta. Manta is known for its beautiful beaches, which are visited frequently by local and international tourists in every season. Manta is one of the most important ports in the country and in South America, located on the shores of the Pacific ocean.
Here we meet Señora Heroína. She is 54, married, and has three grown and independent children. Her husband is a ship's captain.
Heroína is a housewife. In order to make her own income and to be able to cover her expenses without depending on anyone, she sells clothing through a catalogue as well as Yanbal and Lebel products (beauty products, cosmetics, perfume and women's accessories). She works two to three hours a day, three days a week. She sells her products at home; her customers come in when she has new merchandise. She offers her products on credit and charges every eight days. She has done this work for over twelve years and it is going very well for her. Heroína tells us that her most popular products are the perfumes and cosmetics; she says they are very good products.
This loan is for the purchase of perfume, cream, cosmetics, and clothing of all kinds through a catalogue. This is her sixth loan cycle in the communal bank, and she likes it because it is easy to make the payments.
Her dream is to have a boutique.

Translator profile picture

Translated from Spanish by Kiva volunteer Christine Cooper

Loan details

Lenders and lending teams

Loan details