Check out some available loans that are similar to this one!
Joselo Ernesto
Every two weeks, the Virgen del Rosario community bank meets in Colorado, in Montecristi canton. This area is known for its rich pre-colonial culture and its handicrafts which are nationally and internationally renowned. Most of the people work making buttons from 'tagua', making handicrafts and engaging in general commercial activities.

Here we chat to 32 year-old Joselo who is married and has two children aged 7 and 2. His eldest child is in school. Joselo's wife is a very good homemaker and she also helps him in his work.

Joselo makes handicrafts. He owns a lathe (a machine for cutting 'tagua') which he uses to make buttons but crudely. He tells us that every weekend he takes what he has made to the city of Manta and delivers his products to salespeople who export them to other countries where they are finished off and then sold. Joselo works from Monday to Friday, eight hours a day, with the help of his wife. He buys his raw materials in a warehouse in his town where they sell at a good price.

Joselo will use this loan to buy 'tagua' for making buttons. He has been a member of his community bank for five loan cycles and he likes it because the loans are quick.

Joselo's dream is to continue growing in his business.
View original language description ↓
EL Banco Comunal Virgen Del Rosario se reúne cada quince días en Colorado del Cantón Montecristi , conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. En este sitio la mayoría de los habitantes se dedican a la fabricación de botones de tagua, artesanía y comercio en general.

Aquí conversamos con Joselo, tiene 32 años, está casado y de esta relación tiene dos hijos de 7 y 2 años de edad, la mayor estudia en escuela, su esposa una muy buena ama de casa y también le ayuda en su trabajo.

El se dedica a la artesanía, tiene un torno (máquina para cortar tagua) con la que elabora botones pero en forma cruda, nos cuenta don Joselo que todos los fines de semana el lleva lo que ha elaborado a la ciudad de Manta para entregar sus productos a comerciantes los mismos que se encargan de exportar a otros países donde les dan el acabado para luego ser comercializados. Trabaja de lunes a viernes ocho horas diarias con la ayuda de su esposa, la materia prima la compra en su localidad en un deposito que le deja a buen precio.

Este crédito lo va a utilizar en comprar tagua para la fabricación de los botones. Está en el Banco Comunal desde hace cinco ciclos y le gusta porque los créditos son rápidos.

Su sueño es seguir creciendo en su negocio.


About Ecuador

  • $10,600
    Average annual income
  • 47
    View loans »
    Ecuador Loans Fundraising
  • $24,292,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Joselo Ernesto to buy 'tagua'.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Jun 23, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012