Check out some available loans that are similar to this one!
Elizabeth Mercedes
The “Damas De Progreso” (Ladies of Progress) meets every two weeks in the San Cristóbal enclave of the city of Portoviejo.

Elizabeth has been in the communal bank for two years and likes it because of the seriousness of her fellow group members as well as for the loans that are of great help to her. She is 20 years old and a single mother of a son who is a year and eight months old. She lives in her parents’ house and is in the fifth semester of Medicine at Manabí Technical University.

She sells Yanbal brand products (beauty supplies, perfumery and women’s accessories). She goes out daily to sell and also sells to her classmates at the university. She sells on credit and collects payments every two weeks. She tells us that she started the business two years ago when she was pregnant and needed to have her own source of income to rely on both for her education and for her small son’s expenses.

This loan is to pay fror the order she has as well as for some things she needs for the university. Her goals are to finish her studies and become a great Surgeon.
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.

La señora Elizabeth esta en el Banco Comunal desde hace ya dos años y le agrada por la seriedad de sus compañeras del grupo además por los créditos que le ayudan mucho. Tiene 20 años de edad y es madre soltera de un hijo de un año y ocho meses, vive en la casa de sus padres. Estudia el quinto semestre de medicina en la Universidad Técnica de Manabí.

Se dedica al comercio vende productos de Yanbal (productos de belleza, perfumería y accesorios de damas), todos los días sale a recorrer con sus productos y también en su Universidad aprovecha para venderle a sus compañeras de clases. Deja a crédito y cobra cada quince días, nos cuenta que se inicio en este negocio hace dos años cuando estaba embarazada y por la necesidad de contar con sus propios recursos tanto para sus estudios como para los gastos de su pequeño hijo.

Este crédito es para pagar el pedido que tiene y además para ciertas cosas que necesita en su universidad. Sus metas son terminar su carrera y llegar a ser una gran médico cirujano.






About Ecuador

  • $10,200
    Average annual income
  • 78
    View loans »
    Ecuador Loans Fundraising
  • $23,924,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Elizabeth Mercedes to buy beauty products and pay educational expenses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Nov 26, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2011