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Ángel Miguel
The María Inmaculada communal bank meets every 15 days in the La Sequita parish in Montecristi. The canton is known for its famous straw hats that are valued in and outside of the country.

This is where Ángel, age 23, lives. He is in a common-law marriage, and they have a three year old child. His wife is a merchant.

Ángel and his wife have a food supply store in their house. They sell all types of supplies, grains, vegetables, meat, sausages, and drinks, among other things. His wife also sells sheets, curtains, and sunshades. In order to do so, she goes out to sell, and she also sells at their house. They work almost all day, every day. They work most of all on the week-ends, which is when they sell the most. He has been in the business for three years, and it allows him to get his family ahead.

He will use this loan to buy food supplies and school supplies in order to take advantage of the season when classes start. This is when he sells the most. He has been in the communal bank for over one year. He likes it because, with the loans, he is able to stock his business more.

His dream is to get ahead for his family’s well-being.
View original language description ↓
El Grupo De Crédito María Inmaculada se reúne cada quince días en La parroquia La Sequita de Montecristi, cantón conocido por los famosos sombreros de paja toquilla que son apreciados dentro y fuera del país.

En este lugar vive el señor Ángel, tiene 23 años de edad y mantiene una relación de unión libre de la cual tiene un hijo de 3 años de edad. Su mujer es comerciante.

Don Ángel y su esposa tienen una tienda de víveres en su casa, venden toda clase de víveres, granos, legumbres, carnes, embutidos, bebidas, entre otras cosas, además su mujer también vende sabanas, cortinas y toldos para lo cual ella sale a recorrer y también vende en su casa, ellos trabajan todos los días y casi todo el día sobre todo los fines de semana que es cuando más venden, lleva tres años con su negocio el cual le permite sacar adelante a su familia.

Este crédito lo va emplear en comprar víveres y útiles escolares para aprovechar la época de entrada a clases que es cuando más se vende. Está en el Banco Comunal desde hace más de 1 año y le gusta porque con los créditos puede surtir más su negocio.

Su sueño es seguir adelante por el bienestar de su familia.

About Ecuador

  • $10,200
    Average annual income
  • 31
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Ángel Miguel to buy food and school supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013