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Flor Narcisa
Flor is a single mother of two children who works as a teacher at a night school in the city of Portoviejo. During the day, she sells clothes and home appliances such as irons, blenders, and more. She has had this business for five years, and since joining Kiva partner Fundación ESPOIR she has grown her business thanks to the loans she's taken out.

Flor has had eight loans so far and has never had difficulty making the payments. She has always loved to work and started in sales thanks to her sister, for whom she would sell products. However, she realized she could go into sales for herself since what her sister paid her was not enough to survive. That's when she started her own business, which operates during the day and part of the afternoon, when she goes around her clients' homes, letting her regulars pay her later.

To find products at good prices that would yield more revenue, Flor must travel to buy from the direct importers. The loans she has received from Fundación ESPOIR have helped her grow her business. She invests about $500 in the orders her customers put in and saves the profit to finish building her house, Flora's big dream.

In December, Flor will have to deliver several orders so she will invest this loan entirely in purchasing products.
View original language description ↓
La señora Flor, es madre soltera de dos hijos es de profesión maestra en colegio nocturno de la ciudad de Portoviejo, durante el día se dedica a la venta de ropa y electrodomésticos, como planchas, licuadoras y mas, con este negocio ya tiene 5 años, cuando perteneció a la fundación su negocio creció mas, por que con los prestamos ha podido ir incrementando.

La señora Flor es socia del Banco desde hace 8 ciclos y no ha tenido inconveniente con sus pagos, siempre le ha gustado trabajar, se inició en las ventas gracias a una hermana, le vendía la mercadería pero se dio cuenta que podría empezar sola ya que lo que la hermana le pagaba no le alcanzaba entonces opto por ponerse su propio negocio de ventas, durante la mañana y parte de la tarde sale a recorrer le deja acredito a sus clientes fijos.

Para poder encontrar mercadería a buen precio con el que podría estar obteniendo buenas ganancias tiene que viajar para comprar a los importadores, los prestamos que ha recibido de la Fundación le han ayudado para poder crecer con sus ventas, ella invierte desde 500 dólares en los pedidos que le hacen, con las ganancias que esta obteniendo piensa ahorrar y terminar de hacer su casa ese es un gran sueño de la señora Flor.

Para este mes de Diciembre Flor tendrá que entregar varios pedidos por ello el préstamo que va a recibir lo invertirá todo en comprar mercadería.

About Ecuador

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,146,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Flor Narcisa buying appliances and clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010