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Mayra Monserrate
The members of the Damas Emprendedoras De Pachinche Communal Bank meet every fifteen days in the town of Pachinche in the parish of Colon, city of Portoviejo. The town is known for its hard-working people who are dedicated to agriculture and livestock farming.

In this town, we meet Mayra. She is 23 years old and married. She has a 4 year old son, who began kindergarten this year. Her husband is a salesman.

She is a great housewife and will use this loan to make home improvements. Her home is semi-constructed. She wants to finish the walls on her home as they are vey rusty. Sometimes her child hurts his skin when he is playing inside the house. She also wants a more comfortable home for her entire family.

She hopes to use the loan for construction materials such as sand, cement, gravel, etc. The communal bank is in its fifth cycle. She is pleased because the loans have enabled her to gradually fulfill her dream of having her house completely finished.
View original language description ↓
En la localidad conocida con el nombre de Pachinche de la parroquia Colon de la ciudad de Portoviejo lugar conocido por su gente trabajadora y dedicada a la agricultura y la ganadería cada quince días se reúnen los socios del Banco Comunal Damas Emprendedoras De Pachinche.

En este lugar conocimos a la señora Mayra, tiene 23 años de edad, está casada y de esta relación tienen un hijo de 4 años de edad el mismo que este año empezó a estudiar en un jardín de infantes. Su esposo es agente de ventas.

Es una gran ama de casa que como realiza el crédito para hacer mejoras en su casa, la misma que está semiconstruida, quiere realizar el acabado de las paredes de su casa ya que son muy rusticas y a veces le dañan la piel de su hijo cuando este juega dentro de la casa, también quiere una casa más confortable para toda su familia.

Para esto ella espera utilizar el crédito para comprar material de construcción, arena, cemento, ripio, etc. Lleva cinco ciclos en el banco comunal y le gusta porque con los créditos ella ha podido poco a poco cumplir su sueño que es tener su casa completamente terminada.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Ecuador

  • $10,200
    Average annual income
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Mayra Monserrate to buy sand, gravel, cement, and other construction materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2011
Listed
Jun 15, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011