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Cruz  Magdalena
Cruz is a cheerful and charming member of the Zhullin communal bank. She lives in the Tomebamba area of the the city of Cuenca, which is the capital of the province of Azuay, located in the southern part of Ecuador's Andean cordillera. Its historical center was declared a World Heritage Site by UNESCO, in the year 1999.

Cruz is 50 years old, married and has three adult children who are adults and married. Two live independently, and one still lives in their home and shares the household expenses. Her husband is a driver by profession and works driving a taxi. The house where they live is rented.

Cruz started her business with the first loan she received. She sells clothing at her own shop that she has in the city's market. She also makes and sells jellies; work that she likes very much, and she has been in this business for 23 years. She works from Sunday to Sunday with no fixed hours.

Her loan is to buy clothing and plastic cups for her jellies.

Her goal is to expand her clothing business and have more variety for her customers.
View original language description ↓
La Señora. Cruz es una socia alegre y carismática que conforma el banco comunal Zhullin, vive por el sector de Tomebamba en la ciudad de Cuenca que es la capital de la provincia del Azuay, está situado en la parte meridional de la Cordillera andina ecuatoriana. Su Centro Histórico fue declarado Patrimonio de la Humanidad por la Unesco en el año 1999.

La Señora Cruz tiene 50 años es casada y fruto de su unión conyugal ha concebido 3 hijos quienes son mayores de edad y casados, dos viven independientes y uno vive aun en su casa compartiendo los gastos del hogar. Su esposo es de profesión chofer y labora conduciendo un taxi, la casa en la que viven es arrendada.

Doña Cruz inicio su negocio con su primer crédito que recibió, ella se dedica a la venta de ropa en un local propio que tiene en un mercado de la ciudad, también elabora y vende gelatinas actividad que le gusta mucho y en este negocio se encuentra hace 23 años, trabaja de domingo a domingo sin un horario fijo.

Su crédito es para comprar ropa y tarinas de plástico para su gelatina.

Su meta es agrandar su negocio de ropa y tener más variedad para sus clientes.

About Ecuador

  • $10,200
    Average annual income
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Cruz Magdalena to buy clothing and plastic cups for her jellies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013