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Teresa
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Business Description

Teresa has been in business for 12 years. Four years ago, with her own capital and savings, she modified her house to accomodate a grocery shop. This business has gone very well for her, and she has provided good service to her clients. She works every day from 6am to 11pm. She is also starting to sell lunch from her house.

Use of the Loan

She will use the loan to buy merchadise for her business. It will also help her with the lunch business. She will buy fruits and vegetable in bulk.

Personal Information

Teresa is 58 years old. She has 6 children, all adults. They help her with whatever she needs and they are always looking out for her. Her husband sells slippers as an outdoor vendor. Little by little, loans have allowed her to finish construction on her house. With this loan, she hopes to continue work on it.

Translated by Bianca Vargas, Kiva Volunteer.



Descripción del Negocio


Teresa tiene una experiencia de 12 años en la actividad del comercio. Hace 4 años con capital propio y dinero ahorrado adecuo su casita y puso venta de víveres. Le ha ido muy bien con esta actividad dando buen servicio a sus clientes. Trabaja todos los días de la semana en horario de 6 a.m. hasta las 11 p.m. También esta iniciando con la venta de almuerzos en su domicilio.



Uso del Préstamo


El crédito lo invertirá en compra de víveres para su negocio. Y también para elaborar los almuerzos. Comprara legumbres y frutas al por mayor.



Información Personal


Teresa tiene 58 años. Seis hijos los cuales ya son adultos. Le ayudan en lo que necesita y siempre están pendientes de ella. Su esposo trabaja de manera ambulante vendiendo zapatillas. Poco a poco con los créditos que le han otorgado han podido terminar su casita. Esperan con esta inversión poder seguir adecuándola.

About Ecuador

  • $10,200
    Average annual income
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Teresa comprar viveres para su tienda y para elaborar almuerzos.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 29, 2007
Listed
Jul 15, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2008