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María
María S. is a member of the “Nueva Vida” (New Life) communal bank. She lives in the “La Virgen de Bronze” sector of the city of Cuenca. This city is known for the beauty of its architecture, its landscapes, and its food that captures the pallets of locals and guests. Its residents are warm and friendly.

María is 45 years old. She’s married and has two children, ages 16 and 13, who attend the local school. Her husband works as an electronics technician and also does auto electrical repairs from his own shop. They live in a rented home.

María works in the shop with her husband and sells all sorts of sound equipment for cars (radios, speakers). She’s been doing this for 12 years and works Monday through Saturday from 8:00 AM to 7:00 PM.

This will be her fourth loan. She had been invited into the communal bank by her mother in law. She will use the money from this loan to buy merchandise (radios). Her goal is to buy a house of their own.
View original language description ↓
La Señora. María S. es socia del banco comunal Nueva Vida, vive por el sector de la Virgen de Bronce en la ciudad de Cuenca, esta ciudad es reconocida por la belleza de su arquitectura, sus paisajes, su gastronomía que cautiva los paladares de propios y extraños y su gente es muy calida y amable.

Doña María tiene 45 años, es casada y tiene 2 hijos de 16, 13 años de edad, sus dos hijos estudian en un colegio de la ciudad. Su esposo es Técnico Electrónico y brinda servicios técnicos de vehículos en su propio local, no tienen casa propia por lo que viven arrendando.

La Señora. María trabaja en el local junto con su esposo, vende todo tipo de audio para vehículos (radios, parlantes), esta actividad la realiza hace 12 años, trabaja de lunes a sábados desde las 8 de la mañana hasta las 7 de la noche.

Este es el cuarto crédito que realiza y fue invitada por su suegra a formar parte del banco comunal, el dinero de su crédito lo va a invertir en la compra de más mercadería (radios). Su meta es comprarse una casa.

About Ecuador

  • $10,200
    Average annual income
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $575 helped María inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 10, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011