Female fish do tend to build up a load then spawn, but with small characins like that, they tend to build up a little then shed, the swelling is not gross. One reason you seperate the sexes when breeding is to get the females to fill so you get a good sized spawning.
The fish is getting on a bit however, you don't know how old it was when i t arrived after all. As long as it is swimming feeding and "dumping" normally, I wouldn't worry about it, in any event, there is probably not a lot you could do. No reason to automatically suspect disease.