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Gregoria Magdalena
There are records of Picoaza as one of the aboriginal settlements of the Manta people. It is an urban parish, situated just 10 minutes from the city of Portoviejo, the capital of Manabí province, and it is full of history. It is also where the members of the María Asunción Communal Bank meet every 5 days.

Señora Magdalena is 58 years old. She is married and has three children, themselves grown up and married now. Her 10 year old grandson lives with her, however, and she adores him. Her husband is a businessman, selling juices and soft drinks in the city centre.

She has a small eatery in her house, where she serves empanadas, corviche and other local dishes. She works every day, selling from 4pm-7pm but preparing food from 12 noon.

This loan is to buy tables and chairs, which she doesn't have at present, and ingredients for preparing her food. She has been in the Communal Bank for over 10 years and is very happy with the support she has received from Fundación Espoir.

Her dream is to have a larger business.
View original language description ↓
Picoaza consta en los libros como uno de los pueblos aborígenes parte de la cultura manteña, esta parroquia urbana situada a tan solo diez minutos de la ciudad de Portoviejo capital manabita está llena de muchas historias aquí se reúnen cada quince días las socias del Banco Comunal María Asunción.

La señora Magdalena tiene 58 años de edad, esta casada y tiene tres hijos, todos mayores de edad y ya casados, en su casa vive un nieto de 10 años que es como si fuera su hijo menor y al cual adora, su marido es comerciante, vende jugos y colas en el centro.

Tiene un pequeño puesto de comida en su casa, prepara empanadas, corviches y algunas variedades de platos, trabaja todos los días desde las 16h00 hasta las 19h00 en la venta, pero, en la preparación desde las 12h00.

Este crédito es para comprar mesas y sillas que le hacen falta y alimentos para la preparación de la comida.
Esta en el Banco Comunal hace más de 10 años y esta muy contenta con la ayuda que ha recibido de la Fundación Espoir.

Su sueño es tener un negocio más grande

About Ecuador

  • $10,600
    Average annual income
  • 52
    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 $450 helped Gregoria Magdalena to buy tables, chairs and ingredients.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Oct 6, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011