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Nelly Margot
The "Bienestar y Progreso" (Well-being and Progress) group meets every 15 days in the Colorado area of the Montecristi canton. Montecristi is known at the national and international level for its rich pre-colonial culture, and for its handicrafts. It is the place where the famous toquilla straw hats (also known as Panama hats) are made.

Nelly is a founding member of the communal bank, and she likes it because it feels like a family. She is 50, and several years ago her husband passed away. She has three children from this relationship, who are now adults; but two of them still still live with her.

Our friend has had to struggle for a long time on her own to help her family get ahead in life. This is why she has a home business selling diapers. She also has a taxi which her husband used to drive, until he passed away. Now a driver operates it, to whom she pays a weekly salary.

She says that it's been very hard to move forward, but thanks to God her children are now grown up and can manage on their own. She says that thanks to the loans she has been able to overcome very difficult situations in her life.

She is going to use this loan in her two businesses. She is going to buy diapers, and two tires for the taxi. Her dream is to keep moving forward in life and to enjoy good health.
View original language description ↓
EL Banco Comunal Bienestar y Progreso que se reúne cada quince días en Colorado del Cantón Montecristi , conocido por su rica cultura pre colonial y por su artesanía a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

La señora Nelly es socia fundadora del Banco comunal y le gusta porque allí se siente como en familia. Tiene 50 años de edad, hace varios años su esposo falleció pero de esta relación tiene tres hijos los cuales ya son mayores de edad pero dos de ellos aun viven con ella.

Nuestra amiga desde hace mucho tiempo atrás ha tenido que luchar sola para sacar adelante a sus hijos para lo cual tiene un negocio en su casa en el cual vende pañales. También tiene un taxi en el cual trabajaba su esposo hasta que falleció y ahora lo conduce un chofer a quien le paga un sueldo semanal. Ella comenta que ha sido muy duro salir adelante pero gracias a Dios ahora sus hijos ya están grandes y se defienden solos y gracias a los créditos ha podido salir de situaciones muy difíciles en su vida.

Este crédito lo va a invertir en sus dos negocios, va a comprar pañales y dos llantas para el taxi.

Sus sueños son seguir adelante y gozar de buena salud.


About Ecuador

  • $10,200
    Average annual income
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,545,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Nelly Margot to buy tires and diapers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012