A loan of $1,075 helped to buy clothing and uniforms to sell.

Nancy Marisol's story

The communal bank Maria Monserrate meets every two weeks in the Montecristi canton, which is known for its rich precolonial culture and for its handicrafts, which are known at a national and international level. It is the location of the famous Panama hats.

Señora Nancy lives in this place. She is 36 years old. She is married, and she and her husband have four daughters, ages 16, 14, 8, and 5. The two older ones are in secondary school, and the younger ones are in primary school. Her husband is a driver.

Doña Nancy, with the goal of having her own income and with it being able to pay her expenses and help in the household, sells clothing of all types. She works from three to four days a week in her rounds, since her form of sales is door to door. She takes advantage of the morning hours, since in these hours it is easier for her to complete her routes and take advantage of the fact that her younger children are in school. She has had this business for 7 years. She began it with the first loan that she received from the bank, and thanks to her earnings, her children can continue going to school.

She is going to use this loan to buy clothing and uniforms, which is what she is selling the most of now. She has been in the communal bank for seven years, and she likes it because she began her business with the loan.

Her dream is to have a big shop.

Translated from Spanish by Kiva volunteer Pam McMurry

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