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Renato Carlos
In the community of Rocafuente, the members of the community bank La Unión Hace La Fuerza (United We Stand) meet every fifteen days. This place is known for the delicious sweets that are made by the locals and are known throughout the country.

In this place we meet Renato, 22 years old, single, living with his aunt. He is in the sixth semester studying civil engineering at the Technical University of Manabi, from which he hopes to graduate and practice his profession for his own and his family's benefit.

He is a merchant, he sells sheets, mattress covers, bedspreads and pillow cases that his aunt makes. He delivers on previously placed orders. He works from Monday to Friday from 8AM to 2PM, in the afternoons and evenings he is dedicated to his studies.

This loan is for the purchase of fabric for the making of the products, sheets and bedspreads. This is the third cycle at the community bank and he likes it because of the low interest rates.
View original language description ↓
En el cantón Rocafuerte se reúnen cada quince días las socias del Banco Comunal La Unión Hace La Fuerza. Este lugar se lo conoce por sus deliciosos dulces que preparan los lugareños y que son reconocidos en todo el país.

En este lugar conocimos a Renato, el tiene 22 años, está soltero y vive en la casa de su tía, estudia el sexto semestre de ingeniería civil en la Universidad Técnica De Manabí, de la cual espera graduarse y así poder ejercer su profesión para su bien y el de su familia.

Se dedica al comercio, vende sabanas, cobertores de colchones, sobrecamas y fundas de almohadas que su tía elabora, el entrega bajo pedidos que son hechos con anterioridad, trabaja de lunes viernes desde las 8am hasta las 14h00 ya que en las tardes y noches tiene que dedicarse a sus estudios.

Este crédito es para comprar telas para elaborar los productos, sabanas, y cobertores elaborados. Este es el tercer ciclo en el Banco Comunal y le gusta porque los intereses son bajos.

About Ecuador

  • $10,600
    Average annual income
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,193,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Renato Carlos purchase fabrics, sheets and bedspreads.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Dec 9, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011