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Carmen Mercedes
Picoazá is listed in the books as one of the aboriginal villages of the Manteño-Huancavilca culture. This urban parish is located only ten minutes away from the city of Portoviejo, the capital of the Manabí Province. Here the members of the communal bank "María Asunción" gather every fifteen days.

In this place there lives Carmen. She is 40 years old and married, and from this relationship she has three children: two children aged 3 and 16, and a 7-month-old baby. The oldest is attending high school. The husband is a tradesman.

Carmen is a housewife, who in order to earn her own income to help her husband with house expenses, sells clothing and Yanbal products (beauty products, cosmetics, perfumes, women's' accessories) by catalog sales. She sells door-to-door. She works every day for some two to three hours. She sells her products on credit and collects every eight days. She has been doing this activity for 15 years which is why she has a good clientele who always buys her products.

This loan is to buy perfumes, creams, cosmetics, and clothing. This is her fifth cycle in the communal bank and she likes it because the payments are easy to make.

Her dream is to provide the best for her children.
View original language description ↓
Picoaza consta en los libros como uno de los pueblos aborígenes parte de la cultura manteña, esta parroquia urbana situada a tan solo diez minutos de la ciudad de Portoviejo capital manabita, aquí se reúnen cada quince días las socias del Banco Comunal María Asunción.

En este lugar vive la señora Carmen, tiene 40 años de edad, está casada y de esta relación tiene tres hijos de 16 y 3 años y un bebé de 7 meses de nacido, el mayor estudia en colegio. El marido es comerciante.

Doña Carmen es una ama de casa que para obtener sus propios recursos y con esto ayudar a su esposo con los gastos que genera el hogar se dedica a la venta de ropa por catalogo y productos de Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas). Su forma de venta es puerta a puerta, ella trabaja todos los días unas dos a tres horas, deja sus productos a crédito y cobra cada ocho días. Tiene 15 años que se dedica a esta actividad por lo cual tiene buena clientela que siempre le compran sus productos.

Este crédito es para comprar perfumes, cremas, cosméticos y ropa. Lleva 5 ciclos en el Banco Comunal y le gusta porque los pagos son fáciles de hacer.

Su sueño es darles lo mejor a sus hijos.

About Ecuador

  • $10,600
    Average annual income
  • 50
    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 $775 helped Carmen Mercedes to buy perfumes, creams, cosmetics, and clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 21, 2013