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José Gaston
The members of the Communal Bank “Plazoleta Eloy Alfaro” meet in the September 30th neighborhood of the canton of Rocafuerte. This place is known for the delicious sweets that are prepared by the locals and well-known throughout the country.


It is here one can find Don José. He is 58 years old, divorced, and maintains relationships with his two adult children who live with their own families. His new wife has a two year old child who brings him joy. She handles the household chores.


José has a grocery store where he sells products such as rice, sugar, oil, detergents, and other items. He works every day from 6am to 10pm and sometimes much later. José buys his products in Portoviejo and some of them are shipped to his store. He says that he has been in business for four years. There are good days and others days when he earns just enough to support himself and his family.


This loan will be used to restock his store even more. He will buy rice, sugar, oil, detergents, sausages, and other basic necessities. José has been with the Communal Bank for four loan cycles and enjoys the fact that the interest rates are much lower than other credit institutions. His goals include moving forward with his business and growing his store each day.

View original language description ↓
En la ciudadela 30 de Septiembre del cantón Rocafuerte se reúnen cada quince días las socias del Banco Comunal Plazoleta Eloy Alfaro. 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 Don José, el tiene 58 años de edad, está divorciado pero de esa relación tiene dos hijos mayores de edad que viven con sus familias respectivas, pero de un nuevo compromiso tiene un niño de dos años que es su alegría. Su mujer se dedica a las tareas del hogar.

El tiene una tienda de viveras de consumo, donde vende productos como: arroz, azúcar, aceites, detergentes, entre otros. Trabaja todos los días desde las 6h00 hasta las 22h00 y a veces hasta más tarde, los productos compra en Portoviejo y también recibe algunos productos en su local. Nos cuenta que lleva en su tienda ya por cuatro años y que hay días buenos y otros no tanto pero que igual le da para mantenerse él y su familia.

Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes, embutidos y otros productos de primera necesidad. Está en el Banco Comunal hace cuatro ciclos y le gusta porque los intereses son más bajos que en otras instituciones de crédito. Sus metas son seguir adelante en su negocio y que su tienda crezca cada día.

About Ecuador

  • $10,200
    Average annual income
  • 63
    View loans »
    Ecuador Loans Fundraising
  • $23,498,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped José Gaston purchase rice, sugar, oil, detergents, sausages, and other basic necessities.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2011
Listed
Feb 12, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011