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Libio Marín
The Communal Bank “3 de Mayo” [May 3rd] meets every fifteen days in the canton of Jipijapa, a canton known as “La Sultana del Café” because of its extensive fields of incomparably flavored coffee, its cuisine, and for the warmth of its people.

This is where we meet Libio who is 42 years old, separated, and has four children. One of his children is 12, studies in school, and is the one that lives with him in his parent’s house.

He makes his living as a merchant, selling glasses, hats, and other items. He tells us that to make sales he travels on weekends to other towns like Salinas, Atacames, and other beaches to sell his products. He also makes key chains in different shapes and sizes and sells them on his trips. He has been doing this work for more than 15 years and he does very well.

This loan is to buy more glasses, hats, and materials to make key chains. He has been a member of the communal bank for two years and he likes it because of the help it has given him.

His dream is to buy a car to use to sell his products.
View original language description ↓
EL Banco Comunal 3 De Mayo 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 don Libio, tiene 42 años de edad, está separado, pero de esa relación tuvo 4 hijos, una de ellos tiene 12 años, estudia en colegio y es la que vive con él en casa de sus padres.

Él se dedica al comercio, vende gafas, gorras y otros artículos, nos cuenta que para realizar sus ventas él se desplaza los fines de semana hasta otras localidades como: Salinas, Atacames y otras playas para vender sus productos, él también elabora llaveros en varias formas y tamaños y vende en sus viajes. Lleva más de 15 años realizando esta labor y le va muy bien.

Este crédito es para comprar más gafas, gorras y materiales para elaborar sus llaveros, lleva 2 años en el Banco Comunal y le gusta por la ayuda que le brinda la institución.

Su sueño es comprar un carro para ir a vender sus productos.

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Libio Marín to buy glasses, hats, and materials to make key chains.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2012
Listed
May 15, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012