A loan of $1,500 helped to buy perfumes, creams, cosmetics, clothing and chicken feed.

Yojana Monserrate's story

The communal bank Balzar meets every fifteen days in the parish of San Placido in the Portoviejo Canton. This is a place known for its kind, hard-working people, most of whom work in the country.

This is where we met Yojana, 34, who is married and has two children, ages six and two, the oldest of which is in school. Her husband is a driver.

She is a homemaker who earns her own income to help her husband cover household expenses. She sells clothing by catalogue and Avon and Yanbal (beauty products, cosmetics, perfume and women's accessories). She works three days a week in this activity and at home every day on her small farm where she raises chickens. She sells her products on credit and collects payment every eight days. For five years she has been in business and it is going well for her.

This loan will be used to buy perfumes, creams, cosmetics, clothing and chicken feed. She has been a member of the communal bank for three years and she enjoys it because the payments are easy to make.

Her goal is to give her young children the best she can.

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details