Check out some available loans that are similar to this one!
Carmen Mercedes
The community bank, El Paraíso [Paradise], meets every fifteen days in the parish Picoaza in the city of Portoviejo, which is a place known for being a very commercial zone, for its traditional celebrations of Saints Peter and Paul, and for the happiness of its people.

In this place lives Carmen who is 46 years old, married and from this relationship she has five children, four of whom are adults and the youngest is 12 years old and in school. Two of her children still live with her. Her husband is a businessman.

Carmen has a shop in the center of Picoaza in which she sells all types of clothes. There, her customers can also find sheets, awnings, pillows, wallets, and curtains, among other things. She works everyday from 8:00 to 18:00 with the help of her daughter and her husband. Many people come to her shop because they find the cheapest products in the center of the city, with the same or better quality. She buys in Huaquillas or in Guayaquil each time she needs merchandise. She has had this business for 16 years and it is going very well as she can count on having a lot of customers.

This loan is going to be used to buy more merchandise such as all kinds of clothes, awnings, sheets, and wallets, among other things, that she sells in her shop. She has been in the community bank for two years and she likes it because the loans serve to help her a lot.

Her dream is to continue expanding her shop.
View original language description ↓
El Banco Comunal El Paraíso 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 alegría de su gente.

En este lugar vive la señora Carmen, tiene 46 años de edad, está casada y de esta relación tienen cinco hijos, 4 de ellos mayores de edad y la menor de 12 años que estudia en el colegio, dos de sus hijos aun vive con ella. Su esposo es comerciante.

Doña Carmen tiene un local en el centro de Picoaza en el cual vende de todo tipo de ropa, allí también sus clientes pueden encontrar sabanas, toldos, almohadas, carteras, cortinas entre otras cosas. Trabaja todos los días desde las 8h00 hasta las 18h00 con la ayuda de su hija y su esposo, hasta su local llegan muchas personas ya que encuentran los productos más baratos que en el centro de la ciudad y de la misma o mejor calidad. Ella compra en Huaquillas o en Guayaquil cada vez que necesita más mercadería. Tiene este negocio 16 años y le va muy bien ya que cuenta con mucha clientela.

Este crédito lo va emplear en comprar más mercadería como: ropa de todo tipo, toldos, sabanas, carteras entre otras cosas que vende en su local. Está en el Banco Comunal desde hace 2 años y le gusta por los créditos que le sirven de mucha ayuda.

Su sueño es seguir aumentando su local.


About Ecuador

  • $10,200
    Average annual income
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $23,491,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Carmen Mercedes to buy clothes, awnings, sheets, wallets, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013