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Cruz Santa
In Olmedo canton in Manabi province, the communal bank "Esfuerzo y Poder" meets every 15 days. This is a place that is known for its beautiful countryside and for its hardworking people who work in agriculture and animal husbandry.

Here we meet Cruz, aged 58, who is a single mother, but who was once in a common-law marriage that produced 4 children who are now all adults. The youngest, aged 20, still lives with her and attends the university.

In order to get ahead, Cruz works in retail trade. Every day, she sets up a small stand in one of the streets of the canton where they allow merchants to sell their products. There she sells all types of clothing, shoes, sneakers and other products. The weekends are when the most people come to the city and when she makes the most sales, so on these days she needs extra help and employs someone who she pays a wage. She has been in this business for more than 20 years, and the business has gone very well for her. Thanks to this business, she has been able to support her children so that they could become good people. Cruz travels to the city of Guayaquil to buy merchandise whenever she needs it.

Cruz will use this loan to buy clothing and shoes to stock up her business with more products. She is the founding member of her communal bank, and she likes it because her fellow members are very reliable and united.

Her dream is to have a well-established store.
View original language description ↓
En el cantón Olmedo de la Provincia de Manabí cada quince días se reúne el Banco Comunal Esfuerzo y Poder, este lugar es conocido por sus paisajes hermosos y por su gente trabajadora dedicada a la agricultura y cría de animales.

En este lugar conocimos a la señora Cruz, tiene 58 años de edad, es madre soltera pero hace varios años tuvo una relación de unión libre de la cual tienen 4 hijos todos ellos mayores de edad, la menor tiene 20 años y estudian en Universidad y es la que aun vive con ella.

La señora Cruz para salir adelante se dedica al comercio, todos los días ella instala un pequeño local en una de las vías del cantón donde les permiten a los comerciantes vender sus productos, allí vende ropa de todo tipo, zapatos, zapatillas y otros productos, los fines de semana que es cuando más gente llega a la ciudad y hay mas ventas y ella requiere de la ayuda para lo cual contrata a una persona a quien le paga un sueldo. Lleva más de 20 años en este negocio y le ha ido muy bien, gracias a este negocio ha podido sacar adelante a sus hijos para que sean personas de bien. Ella viaja hasta la ciudad de Guayaquil a comprar mercadería cada vez que necesita.

Este crédito es para comprar ropa y zapatos para surtir aun más su negocio. Es socia fundadora del Banco Comunal y le gusta porque sus compañeras son muy confiables y unidas.

Su sueño es tener un local bien establecido.

About Ecuador

  • $10,200
    Average annual income
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Cruz Santa to buy clothing and shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 18, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012