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Laura Magdalena
The members of the Community Bank, La Frontera de Urvavisa, meet every two weeks in the city of Portoviejo. Portoviejo is also called the Valley City, and is surrounded by green, lush mountains and beautiful scenery.

Laura is 29 years old, and lives in the city of Portoviejo with her husband and their two children, who are 11 and 9 years old, and who are both in school. Her husband works as a master welder.

Laura takes care of their home, and, in order to generate additional income to help with household expenses, she also has a retail business where she sells health and beauty products from catalogs. She sells products such from Avon, Esika, Oriflame and Yanbal, all of which are health and beauty lines for women. She travels door to door making sales, and she works on three to four day rotations, selling many of her products on credit and collecting payments from clients every 8 days. After more than six years in the beauty sales field, things are going really well for Laura. Her most popular items are perfumes and cosmetics.

She plans to use the support from this loan to purchase perfumes, creams, cosmetics and underwear to further stock her business. She has been a member of the Community Bank for four years, and is now the president of the group. She enjoys being a member, as she feels the group is very unified.
Her dream is to become a director for one of the brand names she currently sells.
View original language description ↓
En la ciudad de Portoviejo, ciudad hermosa de verdes montañas y paisajes encantadores, conocida desde hace muchos años como la Ciudad Del Valle encontramos el lugar donde se reúnen cada quince días las socias del Banco Comunal La Frontera De Urvavisa.

En este lugar vive la señora Laura, tiene 29 años de edad y mantiene una relación de unión libre de la cual tiene dos hijos de 11 y 9 años los mismos que estudian en escuela. El marido es maestro soldador.

Ella es una ama de casa que para obtener sus propios recursos y con esto poder ayudar a su esposo con los gastos del hogar se dedica a la venta de ropa interior así como también productos de catalogo de varias marcas como Avon, Esika, Oriflame y Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas). Su forma de venta es puerta a puerta, trabaja de tres a cuatro días en sus recorridos y cobros ya que deja sus productos a crédito y cobra cada ocho días. Tiene más de 6 años que se dedica a esta actividad y le va muy bien, lo que más vende son los perfumes y cosméticos ya que son muy buenos.

Este crédito es para comprar perfumes, cremas, cosméticos y ropa interior. Lleva 4 años en el Banco Comunal, es la presidenta y le gusta porque el grupo es muy unido.

Su sueño es ser directora de cualquiera de las marcas que vende.


About Ecuador

  • $10,200
    Average annual income
  • 35
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Laura Magdalena to purchase perfumes, creams, cosmetics and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013