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Mercy Jacqueline
In the city of Portoviejo, capital of Manabí, known for many years as the City of the Royal Tamarinds, the members of the Alfa communal bank meet every two weeks. Mercy, 31, lives here. She’s married and has three children who are 12, 10 and 8 years old. The oldest goes to secondary school and the younger ones go to elementary school. Her husband is a security guard.

In order to earn a bit and help her husband cover household expenses she has several activities. From Monday through Saturday she works in a clothes store in the city but at night and on her days off she sells clothes, sheets, towels, etc. on credit and collects payments every two weeks. She buys her merchandise in the store where she’s employed because they give her a good price. She’s been in business about two years and does quite well.

She will use this loan to buy more merchandise like clothes, sheets, towels, etc. She’s been in the communal bank for three cycles and likes it because the loans have helped her enlarge her business. Her dream is to have her own store.
View original language description ↓
En la ciudad de Portoviejo, capital de Manabí conocida desde hace muchos años como la ciudad de los Reales Tamarindos, se reúnen cada quince días las socias del Banco Comunal Alfa.

En este lugar vive a la señora Mercy, tiene 31 años, está casada y de esta relación tienen tres hijos de 12, 10 y 8 años de edad, el mayor estudia en colegio y los menores en escuela. Su esposo es guardia de seguridad.

Ella para ganar algo y así ayudar a su esposo con los gastos del hogar se dedica a varias actividades, trabaja de lunes a sábados en un almacén de ropa en la ciudad, pero en las noches y días libres se dedica a la venta de ropa, sabanas, toallas, etc. deja a crédito sus productos y cobra cada 15 días. Compra su mercadería en el almacén donde trabaja ya que le dan a buen precio, lleva casi dos años en su negocio y le va muy bien.

Este crédito lo va emplear en comprar más mercadería como: ropa, sabanas, toallas, etc. Está en el Banco Comunal tres ciclos y le gusta porque con los créditos ha podido incrementar su negocio.

Su sueño es tener su propio almacén.

About Ecuador

  • $10,200
    Average annual income
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Mercy Jacqueline to buy clothes, sheets, towels, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Oct 25, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012