Check out some available loans that are similar to this one!
Idalia Asunción
The La Sequita community bank meets in Sequita parish, in Montecristi, a prosperous canton in Manabí. The locals are very hard-working people who are devoted to their families and very proud of their roots.

Idalia is a founding member of her community bank and she likes it because the interest rates are lower than those of other loan institutions. Idalia is 53 years old, married, and has 10 children. Nine of her children are already grown up and her youngest is 16 years old and attending high school. Seven of her children are single and live with her. Her husband is a farmer.

Idalia and her husband, with the help of their children, grow all kinds of vegetables, corn and fruit such as melon and watermelon. They work from Monday to Friday, from 6.30am to 12.00pm and then from 1.00pm to 3.00pm, growing their crops. Idalia's husband goes out on his three-wheeled vehicle through the streets of Montecristi three days a week in order to sell their own produce and additional produce which they buy in Portoviejo market. He does this on Fridays, Saturdays and Sundays, from 5.00am to 2.00pm.

Idalia will use this loan to buy seeds and agricultural supplies, and to pay some workers as she had to hire people to help with their weeding. Idalia's dream is to some day own her own property.
View original language description ↓
El Banco Comunal La Sequita se reúne en La parroquia Sequita que pertenece a Montecristi prospero cantón manabita, su gente es muy trabajadora, dedicada a sus familias y muy orgullosa de sus raíces.

La señora Idalia es socia fundadora del Banco comunal y le gusta porque los intereses son más bajos que en otras instituciones de crédito. Ella tiene 53 años de edad, está casada y de esta relación tuvo 10 hijos 9 de ellos ya son mayores de edad, el ultimo tiene 16 años y estudia en colegio, siete de sus hijos son solteros y viven con ella. Su esposo se dedica a la agricultura.

Ella y su esposo con la ayuda de sus hijos siembran todo tipo de legumbres, maíz y frutas como melón y sandias, trabajan de lunes a viernes desde las 6h30 hasta las 12h00 y de13h00 hasta las 15h00 en el sembrío. Tres días a la semana sale su esposo en su triciclo por las calles de Montecristi a vender sus productos y otros que compra en el mercado de Portoviejo. Trabaja en esto los viernes, sábados y domingos desde las 5am hasta las 14h00.

Este crédito es para comprar, semillas, insumos agrícolas y para pagar una parte de la mano de obra ya que tuvieron que contratar personal para la limpieza de la maleza.

Su sueño es algún día tener una propiedad.

About Ecuador

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Idalia Asunción to buy seeds and agricultural supplies, and to pay workers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011