A loan of $1,075 helped to buy clothing, jewelry, shoes and Yanbal products.

Rosario Verónica's story

The communal bank María Monserrate meets every other week in the canton of Montecristi, which is known for its rich pre-colonial culture. It's artisanal goods are well-known both nationally and internationally. Montecristi is home to the famous straw Panama hat.

Rosario, 38 years old, lives here with her husband and two children ages 14 and 9. Her oldest is currently studying in a local high school and her youngest is studying in an elementary school. Rosario's husband works in transportation. Rosario, along with taking care of the household responsibilities, runs a business in which she sells clothing through catalogs, as well as shoes, and Yanbal beauty products, cosmetics, perfumes, and women's accessories. She sells these items door to door, collecting payments every week since she allows her customers to pay on credit. Rosario has been working in this business for over 15 years. It has allowed her to help her children get ahead.

With this loan, she will buy more merchandise such as clothing, jewelry, shoes, and Yanbal products.

Rosario has been involved with the communal bank for 14 years. She likes it because of the help that the loans offer her. Her dream is to one day own a big bazaar.

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Translated from Spanish by Kiva volunteer Ellen Craven

Loan details

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Loan details