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Teresa Leonor
The communal bank, Mujeres Unidas (United Women), meets every fifteen days in Cantón Jipijapa. The region, also known by the name Sultana del Café, is known for its extensive cultivation of a distinctly flavored coffee, its local cuisine, and the warmth of its people.

In this location, lives Teresa. She is 65 years old, married, and has four children from this marriage. [These children] have reached the age of adulthood, but one of them still lives with Teresa. Her husband is a master stonemason.

Teresa, in partnership with one of her children, has a restaurant [that is operated] in her house. Each day, they prepare delicious lunches and snacks there. From day to day, large numbers of [customers] arrive at her establishment to be served her delicious dishes. It has been seven years that they have operated this business, a business that they started with a loan that they received from the bank. For this, Teresa is very appreciative since [the credit] has [allowed her family] to progress. The [availability of] work for her husband is unpredictable and there have been long periods of time that he did not have work. Thanks to her business, they have been able to move forward [in a positive direction].

Teresa will use this loan to purchase rice, meat, fish and other food supplies used in the preparation of the meals. She has been a member of the communal bank for 10 years and likes [being a member] since it was thanks to one the loans that she started her business.

Her goals are to continue advancing her business and to provide a good education for her children.
View original language description ↓
EL Banco Comunal Mujeres Unidas 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 vive la señora Teresa, tiene 65 años de edad, está casada y de esta relación tienen cuatro hijos los mismos que ya son mayores de edad pero uno de ellos aun vive con ella. Su esposo es maestro en construcción.

Ella en sociedad con uno de sus hijos tiene un restaurante en su casa, allí todos los días preparan deliciosos almuerzos y meriendas, dia a dia llegan muchas personas hasta su establecimiento a servirse sus deliciosos platos, ya son siete años que llevan con este negocio el cual lo emprendieron con uno de los créditos que recibieron del banco por lo cual ella está muy agradecida ya que es así como han salido adelante, ya que el trabajo de su esposo no es seguro y habido temporadas largas que él no tiene trabajo y gracias a su negocio han podido salir adelante.

Este crédito lo va utilizar en comprar arroz, carne, pescado y otros víveres para la preparación de los alimentos. Está en el Banco Comunal desde hace 10 años y le gusta porque gracias a uno de los créditos empezó su negocio.

Sus metas son seguir adelante en su negocio y darles una buena educación a sus hijos.

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 $1,500 helped Teresa Leonor to purchase rice, meat, fish, and other food supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2012
Listed
Sep 2, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013