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Amigos Por Siempre (Portoviejo) Group
In this Group: Dolores Narcisa De Jesús, Marlene Del Rocio, Andrea Alexandra, Martiris Italia, Fredda Asalia, Roxana Del Rocio, Genesis Gabriela, Betty Lastenia, Aracely Melida*, Diana Carolina, Carlos Raul*, Ketty Elizabeth, María Teresa, Jessica Fernanda, Lourdes Maribel, Roosevelt Manuel, Rosanna Elizabeth*
* not pictured
In the municipal community in the city of Portoviejo, every 15 days the members of the communal bank "Amigos Por Siempre" hold a meeting. They are involved in different business activities such as commerce in general, services, and other areas. They already received one loan and it went well for them, and now they hope to continue improving their lifestyles and businesses.

One of the members of this group is Mrs. Marlene, 36, who is married and has two children, aged 14 and 13. Her husband is a bricklayer.

Apart from being a great homemaker, she also sells all kinds of clothing on a door-to-door basis. She works throughout the city, Monday through Friday, in the mornings and afternoons. She delivers her products on a credit basis and collects payment every week. To buy her merchandise and products she travels to the city of Guayaquil at the end of every month or whenever she needs to. She has been in business for four years and it has gone very well.

This loan is to buy trousers, shirts and underwear, especially for children, since this is when school starts and her customers are requesting these items. This is her third loan through the communal bank. She is the Treasurer and enjoys the bank because the loans are very helpful.

Her goal is to have her own boutique.

The three small photos are of members who could not be present for the group picture.
View original language description ↓
En la ciudadela Municipal en la ciudad de Portoviejo se reúnen cada quince días los socios del Banco Comunal Amigos Por Siempre. Los mismos que se dedican a diversas actividades tales como comercio en general, servicios, entre otras cosas. Ellos ya realizaron un crédito y les fue muy bien, ahora esperan seguir adelante mejorando aun más su vida y sus negocios.

Una de las socias de este grupo es la señora Marlene, tiene 36 años de edad, está casada y de esta relación tiene dos hijos de años de 14 y 13 años de edad. Su marido es albañil.

Ella además de ser una gran ama de casa también se dedica a la venta de ropa de todo tipo, su forma de venta es puerta a puerta, sale a recorrer la ciudad de lunes a viernes ya sea en las mañanas o en las tardes, deja sus productos a crédito y cobra cada semana. Para comprar su mercadería y surtirse de productos se traslada hasta la ciudad de Guayaquil cada fin de mes o cuando necesita mercadería, Tiene 4 años que se dedica a esta actividad y le va muy bien.

Este crédito es para comprar pantalones, camisas y ropa interior sobre todo de niños ya que es época de entrada a clases y sus clientes le piden estas prendas. Este es el tercer ciclo en el Banco Comunal, es la tesorera y le gusta porque los créditos son de gran ayuda.

Su sueño es tener una boutique.

Las tres fotos pequeñas son de dos socias y un socio que no pudieron estar presentes cuando se tomó la foto del grupo.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ecuador

  • $10,200
    Average annual income
  • 21
    View loans »
    Ecuador Loans Fundraising
  • $22,604,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Amigos Por Siempre (Portoviejo) Group's $5,350 loan helped a member to buy trousers, shirts and underwear.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012