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Teresa Margarita
The members of the cooperative bank Mujeres Organizadas (“Organized Women”) meet every fifteen days in the zone of Rocafuerte. This place is known for its delicious sweets, which are made by area residents and recognized throughout the country.

This is where we find Teresa, who is 54 years old and a widow for several years. However, from her marriage, she has two grown children. She is caring for a 16-year old grandson, who is like her own son, and who is in school.

In addition to being a homemaker, she also has a small workshop where she makes and sells chifles (fried plantain chips) and prepared foods. She works every day from 6 am, making the chifles and then, with the help of her grandson, delivering them to different locations in Rocafuerte. She sells to food stands and stores. She sells the food in the afternoons.

This loan is to buy plantains, cooking oil, and other ingredients for making the chifles and the other foods she sells. She has been with the cooperative bank since its inception, and she likes it because the loan interest rates are much lower than other banks. Her dream is to have a micro-enterprise with machinery.
View original language description ↓
En el cantón Rocafuerte se reúnen cada quince días las socias del Banco Comunal Mujeres Organizadas. Este lugar se lo conoce por sus deliciosos dulces que preparan los lugareños y que son reconocidos en todo el país.

En este lugar encontramos a la señora Teresa, ella tiene 54 años de edad y hace varios años su esposo falleció, pero de esta relación tuvo dos hijos los mismos que ya son mayores de edad, tiene a su cargo a un nieto de 16 años que es como su hijo y estudia en el colegio.

Además de ser una ama de casa también tiene una pequeña fábrica donde fabrica y vende chifles, también prepara comida, trabaja todos los días, desde las 6am se dedica a la fabricación de los chifles que luego con la ayuda de su nieto se encarga de entregar a distintos lugares de Rocafuerte, vende en cebicherías y tiendas. La comida vende es en las tardes.

Este crédito es para comprar plátanos, aceite y otros ingredientes para la fabricación de los chifles y además productos para la preparación de los alimentos que vende. Está en el Banco Comunal desde los inicios y le gusta porque los intereses son muy bajos en relación a los bancos. Su sueño es tener una microempresa con maquinarias.




About Ecuador

  • $10,200
    Average annual income
  • 75
    View loans »
    Ecuador Loans Fundraising
  • $23,920,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Teresa Margarita to purchase plantains, cooking oil, salt and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011