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Yolanda Monserrate
Every two weeks the members of the community bank Las Piedras meet in the neighbourhood of Las Piedras located in the parish of Picoaza in the town of Portoviejo. The town is known for its traditional culture, for its happy people, and for its San Pedro and San Pablo celebrations.

30-year old Yolanda is a member of the bank. She is married and has a 4-year old son. Her husband is a businessman. Yolanda has a university degree and currently works on contract in a school. She also sells all types of clothing from door to door as well as to customers who come to her house. During the vacations she works at this job three days a week from 1pm to 5pm , but when she is teaching she sells to her friends at the school. She extends credit to her customers and collects from them every two weeks. She buys the merchandise from Guayaquil and has had her business for two years.

The loan will be used to buy pants, shirts, blouses, children’s clothing, underwear etc. Yolanda is a founding member of the bank and particularly enjoys the educational talks. Her dream is to have a stall where she can sell her products.
View original language description ↓
En un sector conocido como Las Piedras de la parroquia Picoaza de la ciudad de Portoviejo conocida por su cultura tradicional por la alegría de su gente y sus fiestas de san Pedro y San pablo, se reúnen cada quince días las socias del banco comunal Las Piedras.

En este lugar encontramos a la señora Yolanda, tiene 30 años de edad, está casada y de esta relación tiene un hijo de 4 años de edad. Su esposo es comerciante. Ella estudio y obtuvo el título de licenciada en la Universidad, en la actualidad trabaja como profesora por contrato en una escuela.

Se dedica a la venta de ropa de todo tipo, su forma de venta es puerta a puerta, también vende en su casa hasta donde llegan sus clientes, trabaja tres días a la semana desde las 13h00 hasta las 17h00, en estos meses está de vacasiones pero cuando estaba dando clases vendía todos los días a sus amigas en la escuela, deja a crédito a sus clientes y cobra cada quince días. Su mercadería la va a comprar a Guayaquil, lleva en esta actividad por dos años.

Este crédito es para comprar pantalones, camisetas, blusas, ropa de niños, interiores, entre otras prendas. Es socia fundadora del Banco comunal y le gusta por las charlas educativas. Sus sueños son tener un local donde vender sus productos.

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 $900 helped Yolanda Monserrate to buy pants, shirts, blouses, children’s clothing, underwear etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Feb 14, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011