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Gema Isabel
The members of the "Renacer" communal bank meet very two weeks in the El Florón housing development in the city of Portoviejo, capital of Manabí province, known for many years as the City of the Royal Tamarind Trees.

This is where we met Gema. She is 21, married, and they have no children yet. Her husband is a small business owner. She studies Early Childhood Education at the University.

She is taking out the loan for her husband. He has a shop in the center of the city, in partnership with a sister. They sell shirts, ties, belts, and various articles of men's clothing. They work every day from 8:00am to 6:00pm. In addition, he uses his car to transport schoolchildren.

They send him the merchandise directly from the factory. He has been in this business for more than five years, and it has gone very well for them. He is going to use this loan to buy all kinds of men's clothing.

She has been in the communal bank for three years, and likes it, because the interest rates are very low.

Her dream is to have her own apartment, since they are renting the place where they live.
View original language description ↓
En la ciudadela El Florón de 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 Renacer.

En este lugar conocimos a la señora Gema, ella tiene 21 años de edad, está casada y aun no tienen hijos. Su esposo es comerciante. Ella estudia Educación Infantil en la Universidad.

Ella realiza el crédito para su esposo, el tiene un local en el centro de la ciudad el cual es en sociedad con una hermana, venden camisas, corbatas, cinturones y varios artículos de hombres, trabajan todos los días desde las 8h00 hasta las 18h00, además el también en su carro realiza transporte escolar, la mercadería se la envían directamente de fabrica. Lleva en este negocio por más de 5 años y les ha ido muy bien.

Este crédito lo va a emplear para comprar todo tipo de ropa de hombre. Lleva 3 años en el Banco Comunal y le gusta porque los intereses son muy bajos.

Su sueño es tener su propio departamento ya que donde viven es arrendado.

About Ecuador

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Gema Isabel to buy men's clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2011
Listed
Dec 24, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012