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María Yolanda
The Communal Bank “Calle América” meets every 15 days in the canton of Montecristi, which is known for its rich pre-colonial culture and its handicrafts that are recognized on a national and international level. This place is known for its famous straw hats.


In this place, one can meet Sra. María. She is 54 years old, married, and has six grown children. Two of them are still single and live at her house. Her husband is a chauffeur.


María sells clothing of all types by going door-to-door. She sells on Fridays and Saturdays, but she also sells from her house. Her customers come to her whenever they need an article of clothing. María extends credit to her customers and collects payment every 8 or 15 days based on her customers’ preferences. She goes to Guayaquil, Portoviejo, or Manta to buy merchandise as needed.


María started this business with the first loan she received 10 years ago from the Communal Bank. For this reason, she is very grateful to Fundación ESPOIR for the help that has been given to her. This loan will be used to buy more merchandise such as trousers, blouses, t-shirts, and children’s clothes. María has been with the Communal Bank for 10 years and enjoys being a member because the loans have allowed her to improve her financial situation.


Her dream is to have a shop or a boutique.

View original language description ↓
EL Banco Comunal Calle América se reúne cada quince días en el Cantón Montecristi, conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

En este lugar conocimos a la señora María, tiene 54 años de edad, está casada y de esta relación tienen 6 hijos todos mayores de edad, dos de ellos que aun están solteros vive en su casa. Su esposo es chofer.

Ella se dedica a la venta de ropa de todo tipo, su forma de venta es puerta, sale a vender los viernes y sabados aunque también vende en su casa hasta donde llegan sus clientes cuando necesitan una prenda, ella deja a crédito a sus clientes y cobra cada 8 o cada quince días de acuerdo a como prefieran sus clientes. Su mercadería la va a comprar a Guayaquil, Portoviejo o Manta cuando necesita. Empezó su negocio con el primer crédito que recibió del banco comunal hace como 10 años, por eso está muy agradecida con la Fundación Espoir por la ayuda que le dan.

Este crédito lo va emplear en comprar más mercadería como: pantalones, blusas, camisetas y ropa de niños. Está en el Banco Comunal desde hace 10 años, le gusta porque los créditos le han permitido mejorar su situación económica.

Su sueño es tener un almacén o una boutique.

About Ecuador

  • $10,200
    Average annual income
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $725 helped María Yolanda to buy trousers, blouses, t-shirts, and children’s clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2012
Listed
Jan 24, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 16, 2012