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Carmen Pilar
The Guillermo Balda Communal Bank meets every fifteen days in Montecristi Canton, known for its rich pre-colonial culture. It is also recognized, nationally and internationally, for its artisanship and is the home of the famous Panama hats.

Carmen lives here. She is 25 years old and married with two children, ages 8 and 5, and a 2 month old baby. The two older children are in school and her husband is a bricklayer. She is a very good wife and mother. Sometimes, her husband doesn’t have work, so in order to help with household expenses, she is engaged in a business in which she sells all types of clothing. She sells door-to-door, leaving her merchandise on credit and collects payments every eight days. She buys her merchandise in Guayaquil and Huaquillas because she can get it more cheaply there and in this way, earn more profits.

She started her business with the first loan that she received from the communal bank for which she is very grateful. This loan is for the purchase of pants, blouses, and all types of clothing. She is in her seventh loan cycle with the communal bank and she is pleased with it because she started her business with the first loan. Her dream is to provide better for her children.
View original language description ↓
EL Banco Comunal Guillermo Balda se reúne cada quince días en Cantón Montecristi, conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

En este lugar vive la señora Carmen, tiene 25 años de edad, está casada y de esta relación tienen tres hijos de 8, 5 años y un bebé de 2 meses, los dos mayores estudian en escuela. Su esposo es albañil.

Ella es una muy buena madre y esposa que para ayudar con los gastos del hogar ya que su esposo en ocasiones no tiene trabajo se dedica al comercio, vende ropa de todo tipo y su forma de venta es puerta a puerta, deja su mercadería a crédito y cobra cada ocho días, compra su mercadería en Guayaquil y Huaquillas ya que allá consigue más barato y con esto le quedan más ganancias, ella empezó su negocio con el primer crédito que recibió del banco por lo cual está muy agradecida.

Este crédito es para comprar pantalones, blusas y todo tipo de prendas de vestir. Lleva 7 ciclos en el Banco Comunal y le gusta porque con el primer crédito empezó su negocio.

Su sueño es darles lo mejor a sus hijos.

About Ecuador

  • $10,200
    Average annual income
  • 40
    View loans »
    Ecuador Loans Fundraising
  • $23,469,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $975 helped Carmen Pilar to purchase of pants, blouses, and all types of clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013