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Ruth Elizabeth
Mrs. Ruth is a member of the communal bank "Nueva Amistad". She lives in the Cumbe Parish in Cuenca, a place known for its large cattle ranches, romantic old haciendas and other modern buildings that, while not keeping with traditional architecture, are not out of place and even add variety to the landscape. The people here are kind, polite and traditional and maintain their parents' culture.

Doña Ruth is 29, married and has a common-law husband and two children, ages 9 and 2. Her eldest is in school in the city. Her husband works as a heavy machinery driver. They live in their own home.

Mrs. Ruth sells vehicle lubricants and filters and has been in business for a year and a half. She works Monday through Saturday all day. She also raises pigs and guinea pigs.

Through the communal bank she is requesting her second loan which she plans to use to buy vehicle lubricants so she can continue business.

Her goal is to expand her location and sell vehicle spare parts.
View original language description ↓
La Señora Ruth es socia del banco comunal Nueva Amistad, vive en la parroquia de Cumbe en Cuenca, lugar de grandes pastos de fincas ganaderas, románticas haciendas viejas algunas y modernas construcciones otras que sin tener el encanto de la arquitectura tradicional, no desentonan del todo y más bien le dan variedad al paisaje, su gente es amable, gentil y mantiene la cultura y tradiciones de sus padres.

Doña Ruth tiene 29 años, es casada y en su unión conyugal ha concebido 2 hijos de 9 y 2 años de edad, su primer hijo estudia en una escuelita de la ciudad. Su esposo labora conduciendo maquinaria pesada, la casa en la que vive es de su propiedad.

La Señora. Ruth se dedica a la venta de lubricantes para vehículos y filtros, negocio en el que se encuentra hace un año y medio y trabaja de lunes a sábados todo el día. También cría cerdos y cuyes.

En el banco comunal se encuentra en su segundo crédito y lo va a invertir en la compra de lubricantes para vehículos para continuar con su negocio.

Su meta es agrandar su local y vender repuestos para vehículos.


About Ecuador

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Ruth Elizabeth to buy vehicle lubricants.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2011
Listed
Dec 20, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012