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María Elena
In Los Bajos de Montecristi, a city known for its great variety of traditional products such as the toquilla straw hats known inside and outside the country, the communal bank Mujeres Por El Progreso meets twice a month.

María lives in this place. She is 32 years old. She is married and has three daughters who are 14, 11, and 6 years old. The older ones attend school with the youngest in primary. Her husband is a driver.

She is asking for a loan for her husband’s business. He has a water tanker with which he supplies water to some companies and factories in the city of Manta. He makes several trips a day as these places require a lot of this vital liquid in order to work. He receives weekly payment for the sale of water, which is why he requires capital to continue working. He has been doing this work for more than fourteen years which has permitted him to get ahead.

This loan is to buy water and fuel in order to continue working. She has been with the communal bank for more than two years. She is the treasurer of the group and she likes it because the loans have been very helpful.

Her dream is to get ahead and to give her children a good education.
View original language description ↓
En Los Bajos de Montecristi, ciudad conocida por su gran diversidad de productos típicos como por ejemplo los sombreros de paja toquillas conocidos dentro y fuera del país, se reúnen cada 15 días las socias del Banco Comunal Mujeres Por EL Progreso.

En este lugar vive la señora María, tiene 32 años de edad, está casada y de esta relación tienen tres hijas de 14, 11 y 6 años de edad, las mayores estudian en colegio y la menor en escuela. Su esposo es chofer.

Ella realiza el crédito para el negocio de su esposo, él tiene un tanquero con el cual surte de agua a ciertas empresas y fabricas en la ciudad de Manta, realiza varios viajes al día ya que es estos lugares requieren mucho de este liquido vital para poder trabajar, él recibe el pago semanal por la venta del agua, por lo cual requiere de capital para seguir trabajando, lleva más de 14 años dedicado a esta labor la cual les ha permitido salir adelante.

Este crédito es para comprar agua y combustibles para seguir trabajando. Lleva más de dos años en el Banco Comunal, es la fiscal de pagos del grupo y le gusta porque los créditos les son de mucha ayuda.

Sus sueños son seguir adelante y darles una buena educación a sus hijos.


About Ecuador

  • $10,200
    Average annual income
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped María Elena to buy water and fuel for her husband who has a water tanker with which he supplies water to some companies and factories.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013