A loan of $1,075 helped to buy medicines.

Fátima Monserrate's story

In Los Bajos de Montecristi, a city known for its great diversity of traditional products such as, for example, the "Panama Hats" made of woven straw that are famous both inside and outside of the country, the communal bank " Mujeres Por El Progreso" meets every 15 days.

This is where Fátima, 33, lives. She is married, and she and her husband have 3 children aged 11, 7 and 2. The two oldest attend school. Her husband works in a factory in Manta.

Fátima is a very hardworking woman who likes to earn money on her own, and so 4 years ago with the help of her husband, and gathering together all of her savings, she started up a small pharmacy in her house. Over time the business has grown, and this has been especially the case since she started receiving loans from her communal bank. In her pharmacy, in addition to selling medicines, she also sells ice cream, juices, soft drinks, and other items. She works every day from 8am until night.

This loan will be used to buy medicines to stock her business. She's been with her communal bank for a year, and she likes it because the loans help her a lot when she needs to stock her business.

Fátima's dreams are to have a big pharmacy and to be able to help people.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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