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Carmen Marilu
The members of the “La Unión Hace La Fureza” (Strength Through Unity) Communal Bank meet every two weeks in the Rocafuerte canton. This place is known for the delicious sweets that its inhabitants make. The sweets are known throughout the whole country.

This is where we find Carmen. She is the single mother of a seven year old daughter who goes to school. She lives in her parents’ house. In order to be able to get her daughter ahead and not be dependent upon anyone, she started a business selling sheets and curtains. She also sells household items like irons, blenders, and bedroom accessories, etc. She sells products from a large chain store. She works three days a week on deliveries and collections. She gives credit, and she collects every week. She has been doing this for five years, and it has gone well for her.

She will use this loan to buy sheets, curtains, and other household items. This is her second cycle with the communal bank. She likes it because of the loans and the ease of getting a loan.

Her dream is to have her own house.
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 encontramos a la señora Carmen, ella es madre soltera de una niña de siete años que estudia en escuela. Vive en casa de sus padres.

Para poder sacar a su hija adelante y no depender de nadie ella empezó un negocio de venta de sabanas, cortinas y de productos para el hogar como: planchas, licuadoras, camas, etc. productos de La Gran Cadena. Trabaja tres días a la semana en las entregas y los cobros ya que deja a crédito y cobra todas las semanas. Dice que lleva 5 años en esto y que le ha ido bien.

Este crédito lo va a emplear en comprar sabanas, cortinas y otros productos para el hogar. Este es su segundo ciclo en el Banco Comunal y le gusta por los créditos que son fáciles de conseguir. Sus sueños son tener su propia casa.

About Ecuador

  • $10,600
    Average annual income
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,104,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Carmen Marilu to buy sheets, curtains, irons, and blenders, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 13, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011