Check out some available loans that are similar to this one!
Tomas Larrea (Portoviejo) Group
In this Group: Cinthya Vanessa, Sara Elizabeth, Carmen Jasmina, María Mariuxi, Barbara Asuncion, María Monserrate, Mauricio Angelmo, Genny Maribel*, José Augusto, María Asuncion, Carmen Dolores*, Liliana Berenice
* not pictured
El Tomas Larrea community bank meets every two weeks in the Picoaza parish in the city of Portoviejo. This area is known for being very commercial, and for its traditional festivals of San Pedro and San Pablo as well as for the cheerfulness of its people.

This is a group of people who decided to get together and make this community bank. It serves them very well because with the loans the improve their small businesses. They work at different activities such as business, services, and selling food, among other things.

Here we had a chance to talk to Mauricio, who is 40 years old. He is married and has four children, aged 15, 14, 12 and 9 years old. Three of them go to school and the youngest is in elementary school.

He is a merchant and sells clothes. He sells door to door, and travels every two weeks to the city of Esmeraldas in order to sell his products in that beautiful province. He tells us his job is very hard, since he has to leave his family alone a lot of the time, but that he has to do it to get them their daily bread. To supply his business, he has to travel to the cities of Guayaquil and Santo Domingo to buy his merchandise. . He has been a merchant for more than 20 years, since he started when he was very young.

This loan is to buy t-shirts, blouses, shorts, pants, underwear and children's clothing, to supply his business.

His dream is to have a permanent locale where he can work and sell his products in the province and not have to leave his family to travel.

The small photo included is of one of the members who couldn't be present when the photo was taken because of work.
View original language description ↓
El Banco Comunal Tomas Larrea se reúne cada quince días en la parroquia Picoaza de la ciudad de Portoviejo. Lugar conocido por ser una zona muy comercial, por sus fiestas tradicionales de San Pedro y San Pablo y por la alegría de su gente.

Este es un grupo de personas que decidieron unirse y formar este Banco Comunal que les sirve de mucho ya que con los créditos ellos mejoraran sus pequeños negocios. Ellos se dedican a diversas actividades tales como comercio, servicios, venta de comida entre otras actividades.

Aquí tuvimos la oportunidad de dialogar con el Señor Mauricio, tiene 40 años de edad, está casado y tiene cuatro hijos de 15, 14, 12 y 9 años de edad, tres de ellos estudian en colegio y el menor en escuela. Su esposa es ama de casa.

Él se dedica al comercio, vende ropa y su forma de venta es puerta a puerta, el viaja cada quince días a la ciudad de Esmeraldas con la finalidad de vender sus productos por esa linda provincia, nos cuenta que es muy sacrificado su trabajo ya que tiene que dejar todo ese tiempo a su familia sola, pero a la vez comenta que tiene que hacerlo para poderles llevar el pan de cada día. Él para surtir su negocio tiene que viajar hasta las ciudades de Guayaquil y Santo Domingo donde compra su mercadería. Lleva más de 20 años dedicado al comercio pues empezó desde muy joven.

Este crédito es para comprar camisetas, blusas, camisas, pantalones, ropa interior y ropa de niños para surtir a su negocio.

Sus sueños son tener un lugar fijo donde trabajar y vender sus productos dentro de la provincia para no dejar sola a su familia por sus viajes.

La foto pequeña adjunta es una de las socias que no pudo estar presente por motivos de trabajo cuando se tomó la foto del grupo.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ecuador

  • $10,200
    Average annual income
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $23,495,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tomas Larrea (Portoviejo) Group's $3,750 loan helped a member to buy t-shirts, blouses, shirts, pants, underwear and children's clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2011