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María Mercedes
The María Inmaculada Communal Bank meets every two weeks in the La Sequita de Montecristi parish. The canton is known for their famous Panama hats, which are valued inside and outside of the country.

María lives in this area. She is 34 years old and married. She has six children from this relationship. They are 18, 16, 14, 11, 7 and 5 years old. The older ones all study in secondary or primary school. The youngest one is in nursery school. Her husband is a construction worker.

María is a very good housewife. She earns her own income through her business selling plastic products like plates, vases, covers and other things made out of plastic. She works every day. She does more work in the mornings because it is cooler at this time and she can cover her routes better. She delivers her products on credit and collects money every weekend. She has had this business for more than two years and it is going very well.

This loan will be used to purchase plates, seats, vases, buckets and other things. She has been a member of this communal bank for three cycles. She likes it because of the help given to her and the other members from the institution.

Her dreams are to continue moving forward and to see her children finish their studies.
View original language description ↓
El Grupo De Crédito María Inmaculada se reúne cada quince días en La parroquia La Sequita de Montecristi (Portoviejo), cantón conocido por los famosos sombreros de paja toquilla que son apreciados dentro y fuera del país.

En este lugar vive la señora María, tiene 34 años de edad, está casada y de esta relación tienen seis hijos de 18, 16, 14, 11, 7 y 5 años de edad, todos estudian en colegio y escuela y el menor en jardín de infantes. Su esposo es albañil.

Ella es una muy buena ama de casa que para obtener sus propios ingresos se dedica al comercio, vende productos de plástico como platos, vasos, fundas, entre otros productos hechos en plástico, trabaja todos los días mas que todo en las mañanas ya que a esta hora es más fresco y puede realizar mejor sus recorridos, ella deja a crédito y cobra cada fin de semana. Lleva más de dos años en este negocio y le va muy bien.

Este crédito es para comprar platos, sillas, vasos, baldes, entre otras cosas. Está en el Banco Comunal desde hace tres ciclos y le gusta por la ayuda que le han dado tanto la institución como sus compañeras.

Sus sueños son seguir adelante y ver que sus hijos terminen sus estudios.

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 $775 helped María Mercedes purchase plates, seats, vases, buckets, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Nov 24, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012