A loan of $1,075 helped to buy clothing to sell and ingredients for preparing snacks.


Verónica Monserrate's story

In the city of Portoviejo, known as the “City of the Royal Tamarind Trees” since colonial times, the Communal Bank “Mi Mundo Natural” (My Natural World) meets every 15 days.

Sra. Verónica lives in this place. She is 34 years old and a single mother of a 10-year-old son who is in school. Verónica has been with her Communal Bank for three loan cycles and enjoys being a member because the interest rates are much lower than other credit institutions.

Doña Verónica provides what her son needs by selling clothing of all types. She also prepares and sells snacks since she enjoys cooking. For this reason, she puts into practice the activity that she enjoys. She prepares delicious snacks to order three times a week and in large quantities. With her clothing business, she goes door-to-door to conduct sales but she also sells out of her home. With the help of the loans, she hopes to establish a shop in her house very soon where she can sell her merchandise and snacks. Verónica has been in these businesses for eight years, which is why she needs a shop.

This loan will be used to buy clothing and ingredients for preparing snacks. Her dream is to have a shop.

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Translated from Spanish by Kiva volunteer Ronan Reodica


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