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Gema Katherine
The communal bank "Ángel Gabriel" meets every two weeks in Colorado in the Montecristi Canton, known for its rich pre-colonial culture and crafts, both nationally and internationlly. It is also famous for the "Panama" straw hat.

Here we meet Gema, 20, who is a single mother of a 4-year-old daughter who is her reason for living. She lives with her parents and has been in the communal bank for two cycles and likes the easy loan terms.

As a young mother she is involved in various activities to make sure her daughter has everything she needs. Gema works in the city of Manta for a distributor of personal and household products. Since she can buy products at a good price she set up her own business and sells them from a small stall in her home. Her mother helps out working the stall when Gema is working elsewhere. She has been in business for a year and it is going well for her. Her best-selling products are costume jewelry and carnival items.

This loan will be used to buy costume jewelry, balloons, piñatas, party decorations and some carnival items.

Her dream is to become her own distributor.
View original language description ↓
EL Banco Comunal Ángel Gabriel se reúne cada quince días en Colorado del 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.

Aquí conocimos a la señora Gema, tiene 20 años de edad, es madre soltera de una niña de 4 años que es su razón de vivir. Vive en casa de sus padres. Lleva dos ciclos en el Banco Comunal y le gusta por la facilidad para conseguir los créditos.

Ella es una joven madre que para que a sus pequeña no le falte nada se dedica a varias actividades, trabaja en la ciudad de Manta en una distribuidora de artículos tanto personales como para el hogar, como tiene la facilidad de comprar a mejor precio en este lugar empezó también su propio negocio, vende estos artículos en su casa un pequeño local que instalo, su mamá le ayuda en su local los momentos que ella está trabajando. Lleva ya cerca de un año con su negocio y que le está yendo muy bien, lo que más vende son bisutería y cositas para fiestas infantiles.

Este crédito es para comprar bisutería, globos, piñatas, adornos para fiestas y ciertos artículos para Carnaval.

Su sueño es tener su propia distribuidora.

About Ecuador

  • $10,600
    Average annual income
  • 54
    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 $675 helped Gema Katherine to buy costume jewelry, balloons, piñatas, party decorations and carnival tems.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Jan 31, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012