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Francisca Margarita
The Communal Bank, María Monserrate meets in the city of Montecristi, located 20 minutes from the capital Portoviejo. We traveled to speak to various members of the Espoir Foundation (Kiva’s field partner) and Mrs. Francisca L. told us about her work.

Mrs. Francisca is a single mother with 2 children. She is in the informal sector and sells glasses and hats in different beaches of the country. She has been in this business for 6 years, and buys her goods in the same city where she lives. Francisca very early in the morning works by going city to city to sell; she goes to the beaches mostly during the weekends since there are more tourists.

Sometimes she has to invest 1.000 dollars because there are times during the year that she sells more and she needs to stock her merchandize, she also tells us that the worse season for her sales is during holy week.

For now, Mrs. Francisca wishes to keep working as she has done to give her children a better quality of life.

View original language description ↓
El Banco Comunal María Monserrate se reúne en la ciudad de Montecristi ubicada a 20 minutos de la capital manabita Portoviejo, viajamos para poder conversar con varias socias de la Fundación Espoir y la señora Francisca L. nos comentó de su trabajo.

La señora Francisca es madre soltera con dos hijos ella se dedica al comercio informal vende gafas, sombreros en diferentes playas del país con este negocio ya tiene 6 años, sus compra las realiza en la misma ciudad donde vive para abastecerse, muy temprano en la mañana ella se dedica a su trabajo trasladándose de una ciudad a otra para poder obtener algo de ventas, los fines de semana es cuando mas viaja a las playas ya que es en esos días que hay mas turistas.

Con el préstamo que esta invertirá en su negocio en ocasiones ha tenido que invertir 1.000 dólares porque hay épocas del año que mas se vende y tiene que surtir su stock, también cuenta que la época mas baja para vender es en la semana santa.

Por ahora la señora Francisca desea seguir trabajando como hasta ahora lo ha venido realizando para poder sacar adelante a sus hijos.

About Ecuador

  • $10,600
    Average annual income
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $625 helped Francisca Margarita to buy glasses and hats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 17, 2010
Mar 21, 2010
Currency Exchange Loss:
Aug 15, 2010