Check out other loans that are currently fundraising!
María Josefina
The Banco Comunal 21 De Noviembre (November 21 Communal Bank) meets every fortnight in the Montecristi Canton, a place renowned for its rich pre-colonial culture and for its arts and crafts, celebrated both at national and international level. It is also the homeland of the famous Toquilla straw hats.

Meet María, a founding member of the communal bank who is also its Payment Supervisor. She likes being a member of her communal bank because it is easy to obtain loans and for the benefits provided by the institution. She is 42 years old and she is separated from her husband, with whom she has had 3 children: two are adults and economically independents, one is 10 years old and goes to school.

She is a professor in a school of her community, but at the same time she engages in trade selling shoes, Avon and Oriflame products (both Avon and Oriflame produce and sell beauty products, cosmetics, perfumes and accessories for women). She works in the school every morning and at night she visits her customers to offer them her products. She told us that she also sells in her school, as she has customers among her colleagues and the students' mothers. She sells her products on credit and collects the cash every week-end. She goes to Quito to buy the shoes, while the beauty products are delivered to her at home. She has been engaging in this activity for four years and it is going very well for her.

The loan she is requesting will be used to buy perfumes, creams, cosmetics and shoes.

She dreams of running a big shop.
View original language description ↓
EL Banco Comunal 21 De Noviembre se reúne cada quince días en el Cantón Montecristi, conocido por su rica cultura pre colonial y por su artesanía, que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

La señora María es socia fundadora del Banco comunal, es la fiscal de pagos y le gusta por las facilidades para conseguir los créditos y por los beneficios que da la institución. Tiene 42 años de edad, está separada y de esa relación tiene 3 hijos dos de los cuales ya son mayores de edad e independientes y uno de 10 años que estudian en escuela.

Ella se desempeña como profesora en una escuela de la localidad, pero también se dedica al comercio, vende zapatos y productos Avon y Oriflame (productos de belleza, cosméticos, perfumería y accesorios para damas). Trabaja todos los días en las mañanas en su escuela y por las noches visita a sus clientes para ofrecer sus productos, nos cuenta que también vende en su escuela a sus compañeras y a madres de familia que son sus clientes, deja sus productos a crédito y cobra cada semana. Sus productos los recibe en su casa y los zapatos los va a comprar a Quito. Tiene cuatro años que se dedica a esta actividad y le va muy bien.

Este crédito es para comprar perfumes, cremas, cosméticos y zapatos.

Su sueño es tener un gran local.

About Ecuador

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped María Josefina to buy perfumes, creams, cosmetics and shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 25, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011