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Nancy Narcisa
Nancy is 52 years old, she is married, and has 5 adult children who have their own families. She has 12 grandchildren: 10 boys and 2 girls. She has several small businesses: she works as a seamstress, sells cheese, and buys and sells clothing and household items (buckets, washtubs, sheets, etc.). She works in Jipijapa and also in Guayaquil; she works as a seamstress for a plastics factory in Guayaquil and makes clothes for dolls. She can do the work wherever she likes, so she generally works from her house in Jipijapa, where she has several sewing machines. She travels to Guayaquil to deliver her work. She has been doing this for 18 years and she says she loves to sew. She also does work by request, mostly suits and dresses for women. She sells cheese in the following way: she buys around 50 to 70 pounds of cheese at once, at $1.30 per pound, and then divides it into one-pound packages which she re-sells at $1.80.

She is requesting a loan to buy more merchandise, especially household items such as sheets by the dozen. She sells her merchandise on credit. Her goal for the future is buy a piece of land in Guayaquil and build a house so she can live there.

Nancy is a member of the “Nuevos Horizontes” (New Horizons) communal bank, which meets every 2 weeks in Jipijapa, Manabí, near the Ecuadorian coast. It is a big group because it has been working with the foundation for a long time. The members get along together very well. Nancy has been with the communal bank for three loan cycles; she had been a member previously, and she decided to participate again because someone stole one of her sewing machines and she wanted to buy another one. She is glad she came back to the communal bank and she plans to remain a member for a long time. She has never had serious problems in repaying her debts; a few times she has gotten a little behind, but she always pays 100% of her loan by the end of the loan cycle.
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La señora Nancy tiene 52 años, es casada, y tiene 5 hijos mayores, ya con sus propias familias. Tiene 12 nietos: 10 niños y 2 niñas. Ella tiene varios negocios pequeños: trabaja como costurera, vende queso, y compra y vende ropa y artículos para el hogar (baldes, tinas, sábanas, etc.). Trabaja en Jipijapa y también en Guayaquil; es costurera para una fábrica de plásticos industriales en Guayaquil, y confecciona ropa para muñecas. Tiene la facilidad de hacer el trabajo de dónde quiera, entonces por lo general trabaja desde su casa en Jipijapa, donde tiene varias máquinas de coser y viaja a Guayaquil para entregar los trabajos. Ya lleva 18 años trabajando en eso, y dice que le encanta la costura. También hace trabajos para particulares, más que nada ternos y vestidos para mujeres. Las ventas de queso hace de la siguiente forma: compra unos 50-70 libras de queso a la vez a $1.30 la libra, después lo divide en paquetes de 1 libra y lo revende a $1.80.

Está pidiendo un crédito para comprar más mercadería, sobre todo artículos para el hogar, como sábanas por docenas. Vende su mercadería a crédito. Su meta para el futuro es comprarse un terreno en Guayaquil y hacerse una casita para poder quedarse allá.

La señora es socia del Banco Comunal Nuevos Horizontes, el cual se reúne cada 2 semanas en Jipijapa, Manabí, cerca de la costa ecuatoriana. Es un grupo grande que ya tiene bastante tiempo trabajando con la fundación, las socias se llevan muy bien entre ellas. Sra. Nancy lleva 3 ciclos con el banco comunal; había sido socia antiguamente, y decidió reingresar porque le habían robado una máquina de coser y quiso comprarse otra. Le gustó haber vuelto al banco comunal, y piensa quedarse como socia por un buen tiempo. Nunca ha tenido problemas serios para pagar sus deudas; a veces se ha atrasado un poco pero siempre paga el 100% de su préstamo al fin del ciclo.

About Ecuador

  • $10,200
    Average annual income
  • 18
    View loans »
    Ecuador Loans Fundraising
  • $22,578,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Nancy Narcisa for the purchase of more merchandise, especially household items, such as sheets by the dozen.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2009