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Martha Yolanda
The Los Corrales communal bank meets every 15 days in a place called Los Corrales, a few minutes from Montecristi, a city with a rich prehistoric culture. In this area, the majority of the people have different businesses such as handicrafts and general commerce.


For Martha, this is her fourth loan cycle with the communal bank and she likes the reliability of both her fellow group members and the lending institution because they receive the loans on time and receive what they need. Martha is 53 years old, married, and has four children with her husband. Three of her children are already older and her 17-year-old daughter still lives with her and is in high school. Her husband is a fruit salesman at the Manta market.


She has a small dining area in her house which she attends to on Saturdays and Sundays from 7am to 6pm. The dish that she sells the most is cuajada (a curd made from preparing cheese). Her daughter helps her with this since her husband works every day at his fruit and vegetable business.


Half of the loan is for the food business to purchase products to make the dishes, and the other part is for her husband’s business. Her dream is to have a larger place for her business.

View original language description ↓
El Banco Comunal Los Corrales se reúne cada 15 días en una localidad llamada Los Corrales a pocos minutos de Montecristi, ciudad con una rica cultura prehistórica, en este sitio la mayoría de los habitantes tiene diferentes actividades, tales como: artesanía y comercio en general.

Para la señora Martha este es su cuarto ciclo en el Banco Comunal, le gusta por la seriedad tanto de sus compañeras como de la institución ya que reciben los créditos a tiempo y lo que necesitan. Ella tiene 53 años de edad, esta casada y de esta relación tuvo 4 hijos, tres ya mayores y una jovencita de 17 años que es la que vive con ella y aun estudia en el colegio. Su esposo es comerciante de frutas en el mercado de Manta.

Tiene un pequeño comedor en su casa el cual atiende los sábados y domingos desde las 7am hasta las 18h00, el plato que más vende es la cuajada (caldo que sale de la preparación del queso). Su hija le ayuda en esto ya que su esposo trabaja todos los días en su negocio de ventas de frutas y verduras.

Este crédito es la mitad para el negocio de la comida para comprar productos para la preparación de los alimentos y la otra parte para el negocio del esposo. Su sueño es tener un local más grande.

About Ecuador

  • $10,600
    Average annual income
  • 57
    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 $1,000 helped Martha Yolanda to purchase groceries, fruits, and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2011