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Ruth Elizabeth
Every fifteen days, the members of El Arbolito 4 Communal Bank meet in the city of Portoviejo, capital of Manabí. For many years, this city has been known as the city of the royal tamarinds. Ruth, 35 years old, lives in this city. She is a single mother of a fifteen year old daughter who is a student. She lives in her parents’ home.
Ruth wants to earn something on her own and with this, be able to get ahead so that her daughter has everything she needs. So, she has a stand in the city center, a place where many informal merchants like her sell their products. She sells all types of clothing and works from 8:30 in the morning until 6:00 pm. All of the merchants close their small businesses at this time but she also conducts sales in her home if a customer needs clothing. She buys her merchandise in Guayaquil as needed. She has been engaged in this activity for fifteen years and strives everyday so that her daughter lacks nothing.
She will use this loan to purchase merchandise such as pants, blouses, T-shirts, and children’s clothing. This is her first loan cycle with the communal bank and she hopes to continue for much longer. Her dream is that her daughter doesn’t want for anything.
View original language description ↓
En la ciudad de Portoviejo, capital de Manabí conocida desde hace muchos años como la ciudad de los reales tamarindos, se reúnen cada quince días las socias del Banco Comunal El Arbolito 4.

En este lugar vive la señora Ruth, tiene 35 años de edad, es madre soltera de una hija de 15 años que estudia en el colegio. Ella vive en casa de sus padres.

Doña Ruth con la intención de ganar algo por su cuenta y con esto poder salir adelante y para que a su hija no le falte nada se dedica al comercio, tiene un puesto en el centro de la ciudad lugar donde muchos comerciantes informales como ella venden sus productos, ella vende ropa de todo tipo. Trabaja todos los días desde las 8h30 hasta las 18h00 hora en que todos los comerciantes cierran sus pequeños negocios aunque ella también vende en su casa si algún cliente conocido necesita de alguna prenda. Su mercadería la va a comprar a Guayaquil cada que necesita. Tiene 15 años que se dedica a esta actividad y es así como ella lucha todos los días para que a su hija no le falte nada.

Este crédito lo va emplear en comprar más mercadería como: pantalones, blusas, camisetas y ropa de niños. Este es su primer ciclo en el Banco Comunal y espera seguir por mucho tiempo más.

Su sueño es que a su hija no le falte nada.


About Ecuador

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,146,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Ruth Elizabeth to purchase pants, blouses, T-shirts and children's clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013