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Ramona Magdalena
The members of the “Damas Emprendedoras De Pachinche” (Enterprising Ladies of Pachinche) Communal Bank meet every two weeks at the place known as Pachinche, which is in the Colon parish in the city of Portoviejo. It is known for its hard-working people who are devoted to agriculture and to raising livestock.

This is where we met Ramona, age 21. She is in a common-law marriage, and she has a child who is three years and six months old. He is the most beautiful thing in her life. Her husband is a bus driver.

She has been in the communal bank for five cycles. She likes it because she gets along very well with all of her colleagues in the group.

She lives with her family in a very small house. She tells us that now that her son is a little bigger, it is a bit uncomfortable because they only have one room. She needs to make improvements on her house. She wants to build a room for her son and a kitchen. That way her house will be more comfortable for the whole family.

She will use her loan to buy construction materials like sand, cement, gravel, and bricks, etc.

Her dream is to have a large, well-finished house.
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 Ramona, tiene 21 años de edad y mantiene una relación de unión libre de la cual tiene un hijo de 3 años y seis meses el cual es lo más bello de su vida. El marido es controlador de un autobús. Está en el banco comunal cinco ciclos y le gusta porque se lleva muy bien con todas sus compañeras del grupo.

Ella junto a su familia viven en una casa muy pequeña y nos cuenta que ahora que su hijo está un poco más grande están algo incómodos porque solo tiene un cuarto, necesita hacer unas mejoras en su casa, ella quiere construir un cuarto para su hijo y una cocina y así su casa va a ser más confortable para toda su familia.

Con su crédito va a comprar material de construcción como: arena, cemento, ripio, ladrillos, etc.

Su sueño es tener su casa más grande y bien acabada.

Additional Information

About Housing Loans

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About Ecuador

  • $10,200
    Average annual income
  • 28
    View loans »
    Ecuador Loans Fundraising
  • $22,871,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Ramona Magdalena to buy construction materials like sand, cement, gravel, and bricks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2011
Listed
Jun 14, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011