A loan of $600 helped to purchase rice, sugar, cooking oil, detergent, cold meats, and other goods.


Angela Monserrate's story

The Para el Futuro De la Mujer communal bank gets together every two weeks in La Pila, Montecristi. This place is well-known both in the province and in the country for its rich traditional culture; one can find a great variety of handicrafts that are made by the locals using the traditional customs.



This is where Angela lives. She is a 42-year-old single woman who lives with her parents. She has been with the bank for four years, and she likes it because of how easy it is to obtain a loan, and because of the help that she gets within her group.



In order to help out her parents and to generate her own income, she decided to launch her own business seven years ago, setting up a small general store in her house. In this store, she sells a little bit of everything so that her customers do not have to shop anywhere else to find what they are looking for. She works every day from 7:00 a.m. until 10:00 p.m. She loves her business because she amuses herself with it and because it is how she earns a living day by day.



She will use this loan in order to stock up on products for her store. She is going to purchase rice, sugar, cooking oil, detergent, cold meats, and other products. She has been with the bank for over four years, and she likes it because she has made friends within the group.



Her goal is to continue with her business and help it grow more each day.

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Translated from Spanish by Kiva volunteer Elizabeth Casian


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Loan details