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Mayra Monserrate
The Damas de Progreso community bank meets in the San Cristóbal neighborhood of Portoviejo every two weeks.

Here we find Mayra who is 29 years old. She lives with her common-law husband with whom she has two children aged 4 and 3. Her husband is a merchant.

She and her husband have a business where they buy and sell rice. They sell their rice by the 100 lb or in 25, 15 and 10 pound sacks. They carry out their business from the premises which they have in their own home. They work every day from 7.00am to 7.00pm. They buy the rice from a rice husking mill in the province of El Guayas. Mayra tells us that they have been in this business for 6 years and that they have done very well in it since they have customers who buy from them every month because they leave their goods on credit and collect payments every week or every two weeks.

This loan will be used to buy rice and increase their business. Mayra has been a member of the community bank for three loan cycles and she likes it because the loans are given without too many conditions. Her dreams are to own a store which stocks everything and a rice wholesalers.
View original language description ↓
En la ciudadela San Cristóbal de la ciudad de Portoviejo se reúne cada quince días el Banco Comunal Damas De Progreso.

En este Lugar encontramos a la señora Mayra ella tiene 29 años de edad, mantiene una relación de unión libre de la cual tiene dos hijos de cuatro y tres años. Su marido es comerciante.

Tiene junto con su esposo un negocio de compra y venta de arroz, su forma de venta es por quintal o por saquillos de 25, 15 y 10 libras lo cual lo hacen en el local que tienen en su casa. Trabajan todos los días desde las 7am hasta las 19h00. El arroz lo compran en una piladora en la provincia del Guayas, nos cuenta que ya llevan 6 años con este negocio y que le ha ido muy bien ya que tienen clientes que todos los meses le compran ya que deja a crédito y cobra por semanas o cada quince días.

Este crédito es para comprar arroz y aumentar su negocio. Está en el Banco Comunal hace ya tres ciclos y le gusta porque los créditos los dan sin muchos requisitos. Sus sueños son tener una tienda con todo y una distribuidora de arroz al por mayor.

About Ecuador

  • $10,200
    Average annual income
  • 43
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Mayra Monserrate to buy rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Nov 2, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2011