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Luis Alberto
The members of the Communal Bank “Santo Rosario” meet every 15 days in Andrés De Vera parish in the city of Portoviejo, the capital of Manabí. For many years, Portoviejo has been known as the "City of the Royal Tamarind Trees". This city has a warm and pleasant climate, and is known for its rich cuisine.


Don Luis lives in this place. He is 50 years old, in a common-law relationship, and has a nine-year-old son who is in school. His wife is a homemaker.


Luis is a merchant who sells natural medicines and all types of clothing. He travels to other cities in order to conduct his sales. Luis works three or four days each week. He extends credit and collects payment on a weekly basis. Luis has been in this business for seven years and has done very well, which has enabled his family to move forward.


This loan will be used to buy more natural medicines and clothes of all types. He has participated in two loan cycles with the Communal Bank and enjoys being a member because the other people in his group are very nice and organized.


His dream is to have a car that he can use for conducting his sales and visiting his customers.

View original language description ↓
En la parroquia Andrés De Vera de la ciudad de Portoviejo, capital de Manabí conocida desde hace muchos años como la ciudad de los reales tamarindos, ciudad de clima cálido y agradable y con una rica gastronomía, cada quince días se reúnen las socias del Banco Comunal Santo Rosario.

En este lugar vive don Luis, tiene 50 años de edad y mantiene una relación de unión libre de la cual tiene un hijo de 9 años de edad, el mismo que estudia en escuela. La esposa es ama de casa.

El se dedica al comercio, vende medicinas naturales y ropa de todo tipo, él se desplaza hasta otras ciudades para realizar sus ventas y estas las realiza recorriendo estas ciudades, trabaja tres a cuatro días a la semana, deja a crédito y cobra cada semana, lleva más de 7 años dedicado a este negocio y que le va muy bien ya que con esto ha sacado adelante a su familia.

Este crédito es para comprar más medicinas naturales y ropa de todo tipo. Lleva dos ciclos en el Banco Comunal y le gusta porque sus compañeras son muy agradables y organizadas.

Su sueño es tener un carro para realizar sus ventas y visitar a los clientes.

About Ecuador

  • $10,600
    Average annual income
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Luis Alberto to buy natural medicines and clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012