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Martha Verónica
Every two weeks, the members of the 'Luz De América' community bank meet in the city of Portoviejo, the capital of Manabí. This city has been known for many years as 'The City of the Royal Tamarind Trees'.

Here we meet Martha who is 31 years old. She lives with her common-law husband with whom she has two children aged 9 and 4. Her children are in elementary school and nursery school. Martha's husband is a taxi driver and salesman. Martha was born in Guayaquil but six years ago she came to live in this beautiful city.

Martha has a grocery store in which she sells rice, sugar, oil and detergent and other general household items. She works every day from 6.00am to 8.00pm and sometimes until even later. She tells us that she has had her business for six years and it has been very successful. She buys some of her products in the center of Portoviejo although most of her products are delivered direct to her premises.

Martha will use this loan to better stock her store. She will buy rice, sugar, oil, detergents, sausages and other household items. She has been a member of her community bank for 3 years and she likes it because the loans help her to keep her business running. Martha's dream is to have her own store since her current premises are rented.
View original language description ↓
En la ciudad de Portoviejo, capital de Manabí conocida desde hace muchos años como la ciudad de los reales tamarindos, se reúnen cada quince días las socias del Banco Comunal Luz De América.

En este lugar conocimos a la señora Martha, tiene 31 años de edad, mantiene una relación de unión libre y de esta relación tiene dos hijos de 9 y 4 años, ambos estudian en escuela y jardín de infantes. Su marido tiene un taxi amigo y es comerciante. Ella es nacida en Guayaquil pero hace seis años se vino a vivir a esta linda ciudad.

Ella tiene una tienda de viveres de consumo, en el que vende desde arroz, azúcar, aceites, detergentes, hasta artículos de bazar. Trabaja todos los días desde las 6am hasta las 20h00 y a veces hasta más tarde, nos cuenta que lleva en su negocio por seis años y que le ha ido muy bien, los productos compra en el centro de Portoviejo aunque la mayoría de sus productos los recibe en su local.

Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes, embutidos y artículos de bazar. Está en el Banco Comunal hace 3años y le gusta porque a través de los créditos a podido financiar su negocio. Sus sueños son tener un local propio ya que donde tiene su tienda es arrendado.

About Ecuador

  • $10,600
    Average annual income
  • 100
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Martha Verónica to buy rice, sugar, oil, detergents, sausages and household items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2011