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Elena Lorena
The Parque A La Madre Communal Bank meets every fifteen days in Jipijapa Canton. This canton is known as “the Sultana of Coffee” because the coffee that is cultivated there has a unique flavor. The canton is also known for its cuisine and for the warmth of its people.

The canton is also the home of Elena. She is 40 years old, married, and has three children, ages 22, 19, and 15. Her two oldest children are in university, while her youngest is in high school. Elena’s husband drives a public transport bus for a living.

Elena is a homemaker who also has her own income so she can help pay for her children’s studies. She earns money selling clothing from a catalogue, along with Esika products; these include beauty products, cosmetics, perfume, and women’s accessories. Elena sells her products going door to door and works three days a week, two to three hours per day. She sells the items on credit and then collects payments every eight days. She has been involved in this activity for three years and it is going very well. She says that the perfumes and cosmetics are what sell the most, since they are very good quality.

Elena will use this loan to purchase perfumes, creams, cosmetics, and clothing from catalogues, since she already has orders for those particular products. She has been a member of her communal bank for 10 years, and likes it because the loans are quickly disbursed and have low interest rates.

Elena’s dream is for her children to finish their studies.
View original language description ↓
EL Banco Comunal Parque A La Madre se reúne cada quince días en el Cantón Jipijapa, cantón conocido con el nombre de la sultana del café por los extensos cultivos de café el cual tiene un sabor incomparable, por su gastronomía y por la calidez de su gente.

En este lugar conocimos a la señora Elena, tiene 40 años de edad, está casada y de esta relación tienen tres hijos de 22, 19 y 15años de edad, los mayores estudian en universidad y el menor en colegio. Su esposo es chofer y tiene un bus de transporte público.

Ella es una ama de casa que para obtener sus propios recursos y con esto poder ayudar a sus hijos en los gastos de sus estudios se dedica a la venta de ropa por catalogo y de productos Esika (productos de belleza, cosméticos, perfumería y accesorios para damas). Su forma de venta es puerta a puerta y trabaja tres días a la semana de dos a tres horas al día, deja sus productos a crédito y cobra cada ocho días. Tiene tres años que se dedica a esta actividad y le va muy bien, nos cuenta que lo que más vende son los perfumes y cosméticos ya que según dice son muy buenos.

Este crédito es para comprar perfumes, cremas, cosméticos y ropa por catálogos ya que tiene varios pedidos. Lleva 10 años en el Banco Comunal y le gusta porque los créditos son rápidos y los intereses bajos.

Su sueño es que sus hijos terminen sus estudios.

About Ecuador

  • $10,200
    Average annual income
  • 65
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Elena Lorena to purchase perfumes, creams, cosmetics, and clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 15, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012