Check out some available loans that are similar to this one!
Magdalena Guadalupe
The "Guerra de los Sexos" (War of the Sexes) communal bank meets every two weeks in Picoaza parish in the city of Portoviejo. This is a place known for being a commercial center, for its traditional San Pedro and San Pablo festivals, and for the rich historical culture that its mountains enclose.

Magdalena lives here. She is 35 years old and divorced, but has three children ages 17, 16 and 6. The two eldest go to high school and the youngest goes to primary school. She lives in her mother's house.

Magdalena has a sales business so that she can raise her children. She has a small shop in her mother's house, where she sells clothing, and plastic products. Customers find find some of everything in her shop: plates, spoons, glasses, containers, and other products. She sells the clothing in her shop, and also goes out to offer it to her customers, as this way she sells a great deal more.

She extends credit for purchase of the clothing, and collects weekly. She sells the plastic products for cash. She has more than a years with her business, and it allows her to help her children get ahead in life. This loan is for the purchase of clothing of all kinds, glasses, plates and other plastic products.

She has been in the communal bank for three years, and likes it because of the help they have given her through the loans. Her dream is to have a shop and her own house.
View original language description ↓
El Banco Comunal Guerra de Los Sexos se reúne cada quince días en la parroquia Picoaza de la ciudad de Portoviejo. Lugar conocido por ser una zona muy comercial, por sus fiestas tradicionales de San Pedro y San Pablo y por la rica cultura histórica que encierran sus montañas.

En este lugar vive la señora Magdalena, tiene 35 años de edad, está divorciada pero de esta relación tienen tres hijos de 17, 16 y 6 años de edad, los dos mayores estudian en colegio y el menor en escuela. Ella vive en la casa de la mamá.

Doña Magdalena para poder sacar adelante a sus hijos se dedica al comercio, tiene un pequeño local en la casa de sus mamá en el cual vende ropa y de productos de plásticos, en su local sus clientes encuentran de todo, platos, cucharas, vasos, tarrinas, entre otras cosas, la ropa ella vende en su local y también sale a ofrecer a sus clientes ya que de esta forma vende mucho mas, lo que es ropa las deja a crédito y cobra por semana, los productos de plástico vende al contado. Tiene más de 8 años con su negocio el cual le permite sacar adelante a sus hijos.

Este crédito es para comprar ropa de todo tipo, vasos, platos y otros productos de plásticos. Lleva tres años en el Banco Comunal y le gusta por la ayuda que le han dado a través de los créditos.

Sus sueños tener un local y una casa propia.



About Ecuador

  • $10,200
    Average annual income
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Magdalena Guadalupe to buy clothing, glasses, plates and other plastic products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013