A loan of $1,500 helped to buy inventory.

Monserrate Lourdes's story

The “Para el Futuro De la Mujer” meets every two weeks in the town of Montecristi. This area is very well known in the province and in the country for its rich traditional culture and a great variety of art, made in the traditional way, can be found here.

Monserrate lives here. She’s 31 years old, single, and lives with her parents. She studies business at the university in Manta and has been with the communal bank for five years. She likes the loans because they help her finance her business.

Aside from her studies, she sells all types of clothing and Yanbal products (beauty products, cosmetics, perfumes, and women’s accessories). She works three or four days a week, selling from her home and also to her classmates. She sells on credit and collects every week. She has her products shipped to her home, but she buys her clothing in Guayaquil at the end of the month because it’s cheaper. She’s been doing this for ten years and things are going well for her.

She will use the money from this loan to buy perfumes, creams, cosmetics, and all types of clothing.

Her dream is to have her own company.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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