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Martha Verónica
The members of the Light of America Cooperative Bank meet every fifteen days in the city of Portoviejo, capital of Manabí, known as the city of the royal tamarinds.

Here is where we find Martha, 31 years of age; she is in a common-law marriage that has resulted in two children ages 10 and 5 who are both in school. Her husband has a taxi and is a merchant. She was born in Guayaquil, but came to live in this beautiful city six years ago.

She has a grocery store in her home where she sells rice, sugar, cooking oils, detergents, and even bazaar items. She works every day from 6:00 am to 8:00 pm, and sometimes even later. She tells us she’s been in business for six years, and that things have gone very well. She buys her products in Portoviejo, although she receives most items in her locale.

This loan will be used to better supply her store. She is going to buy rice, sugar, cooking oil, detergent, cold cuts and bazaar items. She has been a member of the cooperative bank for 3 years and enjoys it because, through the loans, she has been able to finance her business.

Her dream is to have her own location as she currently rents.
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 y mantiene una relación de unión libre y de esta relación tiene dos hijos de 10 y 5 años, ambos estudian en escuela. 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 comestibles en su casa, en el que vende desde arroz, azúcar, aceites, detergentes, hasta artículos de bazar. Trabaja todos los días desde las 6h00 hasta las 20h00 y a veces hasta más tarde, nos cuenta que lleva en su negocio seis años y que le ha ido muy bien, los productos compra en el centro de Portoviejo aunque la mayoría 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.

Su sueño es tener un local propio ya que donde tiene su tienda es arrendado.

About Ecuador

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Martha Verónica buy rice, sugar, cooking oils, detergents, cold cuts and bazaar items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
Apr 28, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011