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Mercedes Jannet
Mercedes Jannet is 46 years old, single, and has three children. She and her children live in Montalvo in Los Ríos Province.

The San Joaquín Communal Bank is located 15 minutes away from the Cooperativa San Jose office in Montalvo. This group consists of 12 members.

Mercedes Jannet has a shop where she sells food, including grilled meats on a stick. She is requesting a loan to buy meat, mayonnaise, mustard, and potatoes. Her purchases are made in the city of Babahoyo every 15 days and she sells in Montalvo every day. She dreams of continuing her work and being able to increase her capital. The challenges she faces include dealing with the competition and losing capital.

In her free time, Mercedes Jannet enjoys reading and playing sports.

View original language description ↓
MERCEDES JANNET tiene 46 años de edad es soltera tiene tres hijos, vive con los hijos en Montalvo provincia de los Ríos.
La VRC San Joaquín se encuentra a 15 minutos de la oficina Montalvo, está conformada por 12 socios
MERCEDES JANNET tiene una tienda de víveres, además vende chuzos carne en palito. Solicita el crédito para comprar carne, mayonesa, mostaza, papas.
Las compras las realiza en la ciudad de Babahoyo cada quince días y las ventas lo hace en Montalvo diariamente.
Su sueño es seguir trabajando y poder aumentar el capital. Los desafíos a los que se enfrentan es la competencia y la pérdida del capital.
Su tiempo libre lo dedica a leer y hacer deporte.

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!

About Ecuador

  • $10,600
    Average annual income
  • 76
    View loans »
    Ecuador Loans Fundraising
  • $24,585,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Mercedes Jannet to buy meat, mayonnaise, mustard, and potatoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2012
Apr 12, 2012
Currency Exchange Loss:
Apr 18, 2013