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Juan Carlos
In the area known as El Cady, in the Colon parish in the city of Portoviejo, the members of the La Cantera communal bank meet every fifteen days. In this locality, the majority of the people work in agriculture.

In this place lives Juan. He is 25 years old and has a very recent common-law marriage, and has no children yet. His partner is a homemaker.

He earns his living working as a mason, but there is not always work, and on occasion he has been without work for a month. Because of this, he decided to also work as a storekeeper. With the previous loan that he received from the bank, he started a business selling all types of clothing. He does this door-to-door when he is not busy from his other work. He works every day, or if not, on the weekends, as he takes the opportunity to go to other cities to offer the same products. Thanks to this, when he doesn’t have work, he is able to bring bread to his home.

He is going to use this loan to purchase more merchandise, such as: pants, blouses, t-shirts, and children’s clothing. He has been in the communal bank for three loan cycles, and he likes it, because thanks to the previous loan, he began his business.

His goal is to continue expanding his business.
View original language description ↓
En el sector conocido como El Cady en la parroquia Colon de la ciudad de Portoviejo, se reúnen cada quince días las socias del Banco Comunal La Cantera, en esta localidad la mayoría de las personas se dedican a la agricultura.

En este lugar vive el señor Juan, tiene 25 años de edad, mantiene una relación de unión libre hace muy poco y aun no tiene hijos. Su mujer es ama de casa.

Él se gana la vida trabajando como albañil, pero no siempre hay trabajo y en ocasiones a estado hasta un mes sin trabajo razón por lo cual decidió también dedicarse al comercio, con el crédito anterior que recibió del banco empezó con un negocio de venta de ropa de todo tipo, esto lo realiza puerta a puerta cuando está desocupado de su otro trabajo, trabaja todos los días o si no los fines de semana ya que aprovecha para ir a otras ciudades a ofrecer sus productos los mismos que deja a crédito, gracias a esto cuando no tiene trabajo puede llevar el pan a su hogar.

Este crédito lo va emplear en comprar más mercadería como: pantalones, blusas, camisetas y ropa de niños. Está en el Banco Comunal desde hace tres ciclos y le gusta porque gracias al crédito anterior empezó su negocio.

Su meta es seguir aumentando su negocio.

About Ecuador

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Juan Carlos to purchase pants, blouses, t-shirts, and children’s clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013