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Magaly Lucia
The María Auxiliadora Communal Bank meets in the La Sequita parish, which is part of Montecristi in the prosperous canton of Manabita. It is full of hard-working people who are dedicated and proud of their roots. La Sequita is a parish whose inhabitants are honest people who only know to work and dedicate themselves to their families.

In this area lives Señora Magaly. She is 22 years old and in a common law marriage from which she has a one year old baby. Her partner is a carpenter.

She is taking the loan to help her partner, who has a carpentry workshop in their home. He makes a large variety of products from wood, such as - for example - beds, furniture, doors, drawers and shelves among many other things. He works on the basis of orders from the people who come to their establishment. He works everyday from 8 a.m. through to 4 p.m., and when there is a lot of work to deliver, he works late.

This loan is to buy wood, paints, and sealants, among other products that they needs for making their products. This is her fourth lending cycle with the Communal Bank, and she is grateful because the loans can help her partner and contribute to the household.

Her dream is to have her own home, as she lives in her in-laws' house.
View original language description ↓
El Banco Comunal María Auxiliadora se reúne en La parroquia Sequita, pertenece a Montecristi prospero cantón manabita, lleno de gente trabajadora dedicada y orgullosa de sus raíces, La Sequita es una parroquia donde sus habitantes son gente honesta que solo saben trabajar y dedicarse a sus familias.

En este lugar vive la señora Magaly, tiene 22 años de edad y mantiene una relación de unión libre de la cual tiene un bebe de 1 año. El marido es ebanista.

Ella realiza el crédito para ayudar a su esposo el mismo que tiene un taller de ebanistería en su casa, él realiza una gran variedad de productos con la madera como por ejemplo: camas, muebles, puertas, cajoneras, anaqueles entre otras muchas obras, trabajan a base de encargos de personas que llegan hasta su establecimiento. Trabaja todos los días desde las 8h00 hasta las 16h00 y cuando tiene mucho trabajo para entregar hasta más tarde.

Este crédito es para comprar madera, pinturas, selladores entre otros productos que se necesitan para fabricar sus productos. Para ella este es su cuarto ciclo en el Banco Comunal y le agrada porque con los créditos puede ayudar a su esposo y contribuir al hogar.

Su sueño es tener casa propia ya que vive en casa de los suegros.

About Ecuador

  • $10,200
    Average annual income
  • 49
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Magaly Lucia to buy wood, paints, sealants, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Sep 6, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012