Rosa Pinargote Macias


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Rosa Pinargote Macias
Location: Portoviejo, Ecuador
Activity: Bakery

About the Loan

Loan Amount: $550.00
Loan Use: To purchase bread-making supplies, including butter, flour, eggs, and baking pans
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 1, 2009
Date Disbursed: Sep 28, 2009
Date Funded:Nov 1, 2009

About the Country

Country:Ecuador
Avg Annual Income:$4,776.00
Currency:United States Dollars (USD)



Rosa Pinargote Macías is an active member of the “24th of September” Community Bank in the city of Portoviejo in Manabí province. She has been married for seven years and has two young children.


Rosa and her husband have a bakery in Tosagua county. For several years they worked in Portoviejo, but last year decided to return to Tosagua because they already had a loyal clientele there. Rosa's husband is in charge of the administration of the business and delivers the bread by bicycle to shops in their community. Rosa is responsible for making their products.


They will use the funds from this loan to purchase bread-making supplies, including butter, flour, eggs, baking pans, etc. In that way, they will be able to produce other varieties of sweet and savory breads to increase their output (which is currently 300 loaves of bread daily) and serve more customers.


Rosa's dream is to have a mini-market selling all household necessities, including first aid supplies, rice, sugar, pasta, grains, cleaning products, and personal hygiene items, for her distinguished clientele in Portoviejo.


Translated from Spanish by Kris Vickery, Kiva Volunteer


La señora Rosa Pinargote Macías es socia activa del Banco Comunal 24 de Septiembre en la ciudad de Portoviejo en la Provincia de Manabí, ella tiene siente años de casada y dos niños aun pequeños.

Rosa junto a su esposo tienen una panadería en el cantón Tosagua, por algunos años trabajaron en Portoviejo pero hace un año decidieron regresarse a Tosagua porque ya tienen su fiel clientela, el esposo de nuestra socia es el encargado de administrar y repartir el pan en bicicleta a las tiendas de su comunidad mientras que Rosa se dedica a la elaboración del producto.

Con el préstamo solicitado a la Fundación van a comprar los insumos necesarios para la elaboración del pan como mantequilla, harina, latones para hornear, huevos, etc. Así como para incrementar otras variedades de pan de sal y de dulce y para mejorar la producción que tienen a la fecha de 300 panes al día y llegar a mas clientes.

El sueño de Rosa es poder montar un mini-market con todo lo necesario en productos de primera necesidad como arroz, azúcar,fideos, granos, artículos de limpieza y aseo personal para su distinguida clientela en la ciudad de Portoviejo.


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Journal entries for Rosa Pinargote Macias


Loan has been disbursed
 
Entrepreneur: Rosa Pinargote Macias
Location: Portoviejo, Ecuador

Thank you for your loan. It has been disbursed to ROSA PINARGOTE MACIAS by Fundación ESPOIR in Ecuador. We are excited to watch this business grow. Over the 5 months of this loan, Fundación ESPOIR will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Portoviejo, Ecuador
Nov 2, 2009
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Kiva Help Repayment Schedule for Rosa Pinargote Macias

  Expected Repayments Actual Repayments Comments
January 2010 $183.32 Available Jan 1  
February 2010 $91.66 Available Feb 1  
March 2010 $91.66 Available Mar 1  
April 2010 $91.66 Available Apr 1  
May 2010 $91.70 Available May 1