Check out other loans that are currently fundraising!
Charito Monserrate
Every two weeks, the members of the 'Subidita al Cielo' community bank meet in a sector known as 'Subidita al Cielo', in San Pablo neighborhood, in the city of Portoviejo. This is a very densely-populated, poor urban area.

Here we meet 40 year-old Charito who lives with her common-law husband and has five children aged 24, 18, 14, 9 and 4. Her children are currently attending university, high school, elementary school and nursery school. Her husband is a radio engineer.

Our friend tells us that, in order to help her husband with the arduous task of supporting their household and covering their children's expenses, six years ago she set up a small store in her home where she sells all kinds of products. On weekends, she travels to Santa Ana and Calderón parishes. She makes the most of the fact that Saturdays and Sundays are market days in these areas and she sets up a small stall where she sells her merchandise. She buys her products in the city of Guayaquil as she can buy a wider range of products there at lower prices.

Charito will use this loan to buy more products such as hairbands, cards, stuffed toys, costume jewelry, etc. Charito is a founding member of her community bank. She is the bank's treasurer and she likes it because she has been able to increase her business thanks to the loans that she has received.

Charito's goal is to continue growing in her business.
View original language description ↓
En el sector conocido como la subidita al cielo en el barrio San Pablo de la ciudad de Portoviejo cada quince días se reúnen las socias del Banco Comunal Subidita Al Cielo, esta es una zona urbano marginal muy poblada en esta ciudad.

En este lugar conocimos a la señora Charito, tiene 40 años de edad y mantiene una relación de unión libre de la cual tiene 5 hijos de 24, 18, 14, 9 y 4 años de edad los mismos que estudian en universidad, colegio, escuela y jardín de infantes. El marido es radiotécnico.

Nos cuenta nuestra amiga que para ayudar a su esposo en la dura tarea de llevar adelante el hogar y los gastos que generan sus hijos, hace 6 años puso en su casa un pequeño bazar en el cual vende toda clase de productos, ella los fines de semana se desplaza hasta las parroquias de Santa Ana y Calderón, aprovecha que los sabados y domingos en estos lugares son días feria y ahí instala un pequeño puesto en el que vende su mercadería, sus productos los compra en la ciudad de Guayaquil ya que allá consigue más barato y más variedad de productos.

Este crédito es para comprar más productos como vinchas, tarjetas, peluches, bisutería entre otras cosas, es socia fundadora del Banco Comunal, es la tesorera del grupo y le gusta porque con los créditos a podido aumentar su negocio.

Sus metas son seguir creciendo en su negocio.

About Ecuador

  • $10,200
    Average annual income
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Charito Monserrate to buy hairbands, cards, stuffed toys, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012