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Mercedes María
The 8 De Mayo communal bank meets every 15 days in the beautiful city of Portoviejo, the capital of Manabita province. The city is surrounded by wonderful beaches and has a hot and pleasant climate, with beautiful and tenacious women.

Portoviejo is also the place where Mercedes lives. She is 60 years old, married, and has three children whom she raised—Mercedes was never able to have children of her own and raised them since they were small, so she considers them her children. Two of them are now adults, while the youngest is 6 years old and is in school. Mercedes’ husband works in a transportation cooperative.

Mercedes makes a living selling Yanbal-brand products (beauty products and toiletries) and Leonisa-brand products (women’s undergarments). Her sales method is going door to door, and she works every day in the afternoon. She sells most of her products to her customers on advance order, and her most popular items are perfumes and undergarments. She goes to Guayaquil and Quito every 15 days to purchase the clothing. She has had this business for more than 14 years and it is going very well.

Mercedes is going to use this loan to purchase Yanbal-brand cosmetics. She has been a member of her communal bank for more than 3 years, and she likes it because the loans have increased her business each time.

Mercedes’ aim is to get ahead in her work.
View original language description ↓
EL Banco Comunal 8 De Mayo que se reúne cada quince días en la hermosa ciudad de Portoviejo capital manabita, rodeada por maravillosas playas y de clima cálido y agradable, con mujeres hermosas y luchadoras.

En este lugar vive la señora Mercedes, tiene 60 años de edad, está casada, tiene tres hijos de crianza ya que ella nunca pudo tener hijos propios y crio desde pequeños a los que ella considera sus hijos, dos de ellos ya son mayores de edad y la menor de 6 años que estudia en escuela. Su esposo trabaja en una cooperativa de transporte.

Ella se dedica a la venta de productos de Yanbal (productos de belleza y perfumería) y Leonisa (ropa interior para damas). Su forma de venta es puerta y trabaja todos los días en las tardes, la mayoría de sus productos los vende bajo pedidos que de forma anticipada le realizan sus clientes, lo que más vende son los perfumes y ropa interior. La ropa la va a comprar cada 15 días a Guayaquil y Quito. Lleva en el negocio más de 14 años y que le va muy bien.

Este crédito lo va a emplear para comprar y cosméticos Yanbal. Lleva más de 3 años en el Banco Comunal y le gusta porque con los créditos cada vez aumenta su negocio.

Su meta es seguir adelante en su trabajo.

About Ecuador

  • $10,200
    Average annual income
  • 44
    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 $900 helped Mercedes María to purchase Yanbal-brand cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Jan 31, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012