A loan of $1,200 helped to buy medicine.

Fátima Monserrate's story

In Los Bajos de Montecristi, a city known for its diversity of local products such as Panama hats known within and outside of the country, the members of the communal bank Mujeres Por el Progreso meet every fifteen days.

Here we meet Fatima who is 32 years old, married and has 3 children. Her two oldest children are 10 and 6 years old and study in school. Her youngest is 1 year old. Her husband works in a factory in Manta.

Our friend is a very hard working woman who has liked to earn her own money. As such, four years back with the help of her husband and by gathering all of her savings she opened a small pharmacy in her house. This same pharmacy has, with time, expanded slowly and the much more after receiving loans from the communal bank. In addition to medication, she also sells ice cream, juices and sodas, among others. She works every day from 8:00 am until night.

This loan is to buy more medicines and to stock up her business more. She has been with the communal bank for a year and likes it because the loans serve her well when she needs to stock up her business. Her dreams are to have a large pharmacy and to be able to help others.

Translated from Spanish by Kiva volunteer Gina Cappuccitti

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