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Ruth Elizabeth
Every two weeks, the members of the San Ignacio de Colon community bank meet in San Ignacio, in Colon parish, in the city of Portoviejo. This area is known for its hard-working people who farm and raise livestock.

This is where we meet Ruth, age 55. She is married, and they have seven children. Her children are all adults, but the youngest one still lives with her. He is studying medicine at the university. Her husband is a driver.

She has a grocery store in her house. She sells all types of products. She sells as many basic needs products as variety store items, stationery products, drinks, and ice cream. She works every day from 6:00 a.m. until 9:00 p.m., sometimes even longer. Her son and her husband help her with her work when they have time. However, she is almost always there. That is where she keeps herself busy and where she takes delivery of the products she sells. She has had her business for seven years, and it is going quite well.

She will use this loan to stock her store more. She will buy rice, sugar, oil, detergent, sausages, other variety store items and stationery products. She has been in her communal bank for seven cycles, and she likes it because of the loans that the institution offers.

Her goals are to get ahead in her business and to grow more each day.
View original language description ↓
En San Ignacio de la parroquia Colon de la ciudad de Portoviejo, lugar conocido por su gente trabajadora y dedicada a la agricultura y la ganadería cada quince días se reúnen los socios del Banco Comunal San Ignacio De Colon.

En este lugar conocimos a la señora Ruth, tiene 55 años de edad, está casada y de esta relación tienen siete hijos ya todos mayores de edad, el menor de ellos aun vive con ella y estudia en la universidad, sigue medicina. Su esposo es chofer.

Ella tiene una tienda de comestibles en su casa en la cual vende todo tipo de productos, tanto de primera necesidad como también artículos de bazar, papelería, bebidas y helados, allí trabaja todos los días desde las 6h00 hasta las 21h00 y a veces hasta más tarde, su hijo y su esposo le ayudan en su trabajo cuando tiene tiempo pero por lo general ella siempre está en ella ya que allí se entretiene, los productos los recibe en su local. Tiene siete años con su negocio y le va bastante bien.

Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes, embutidos y otros productos de papelería y bazar. Lleva en el banco comunal ya por siete ciclos y le gusta por los créditos que ofrecen la institución.

Sus metas son seguir adelante en su negocio y que crezca cada día más.



About Ecuador

  • $10,600
    Average annual income
  • 57
    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 $1,325 helped Ruth Elizabeth to buy rice, sugar, oil, detergent, sausages, other variety store items and stationery products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012