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Angela Mercedes
The communal bank "Eighth of May" meets every two weeks in the beautiful city of Portoviejo, the capital of the province of Manabi and known as the City of the Valley, a city with a warm climate, beautiful women, and a widely varied gastronomy.

Señora Angela is 44 years old. She is divorced, and from her marriage she has two children, ages 24 and 17. The youngest is in secondary school, and the older one has a careen. Both still live with her.

She is a housewife who, in order to obtain her own resources and use them to advance alone with her daughters, works in commerce. She sells products by catalog, such as clothing, shoes, or products from Avon or Yanbal (beauty products, cosmetics, perfumes, and accessories for women). She has been working in this type of business for more than 10 years, and six months ago, she used her savings to set up a little distributorship for soft drinks and beverages. She works every day in all her businesses, and it is going very well for her. With this, she has succeeded in advancing.

This loan is to buy perfumes, creams, cosmetics, and soft drinks to stock her warehouse. She has been in her communal bank for 13 years. She is the treasurer of the group, and she likes it because her fellow bank members are very compliant.

Her dream is to have a truck to make the deliveries of her products.
View original language description ↓
EL Banco Comunal 8 De Mayo se reúne cada quince días en la hermosa ciudad de Portoviejo capital manabita conocida como la Ciudad del Valle, ciudad de clima cálido de hermosas mujeres y con una gran variedad en su gastronomía.

La señora Angela tiene 44 años de edad, está divorciada y de esta relación tuvo dos hijos de 24 y 17 años, la menor estudia en colegio y la mayor ya es profesional, ambas aun vive con ella.

Ella es una ama de casa que para obtener sus propios recursos y con esto poder salir adelante sola con sus hijas se dedica al comercio, vende productos por catalogo ya sea ropa, zapatos o productos de Avon y Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas). Este tipo de actividad la viene realizando desde hace mas de 10 años y hace seis meses con los ahorros que tenia instalo una pequeña distribuidora de gaseosas y bebidas. Trabaja todos los días en todas sus actividades y le va muy bien, con eso ella ha logrado salir adelante.

Este crédito es para comprar perfumes, cremas, cosméticos y gaseosas para surtir su depósito. Lleva 13 años en el Banco Comunal, es la tesorera del grupo y le gusta porque sus compañeras son muy cumplidas.

Su sueño es tener un camión para realizar las entregas de sus productos.

About Ecuador

  • $10,600
    Average annual income
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $24,092,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Angela Mercedes to buy perfumes, creams, cosmetics, and soft drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013