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Santos Thony
The "Productivo" communal bank meets every fortnight in the Montecristi canton. This area is known for its rich, pre-colonial culture and its artisan products that are known both at national and international levels. Panama hats also originate from here.

And it is here that 49-year-old Santos lives. He has a partner, with whom he has two children aged 23 and 22 years old respectively. They are studying at university while Santos' wife is a housewife and helps Santos with his work.

Santos has a garage for motor vehicles, as well as a shop where he sells spare parts for cars. He also uses these spare parts for his own work. With these products on sale, Santos is sure to have sales as customers buy his spare parts. His specialty is electronics and the computing elements of vehicles. Santos has many customers who come for Santos to do work on their vehicles as there are not many technicians who can repair damage to these parts of vehicles. Santos' wife and children help when they can. Santos has had the business for over six years, during which time he has rented the workshop.

Santos will use this loan to buy spare electrical parts for cars that he needs to stock-up his business. He has been with the communal bank for three years and likes it because interest rates are much lower compared to other banks.

Santos' dream is to have his own premises so that he does not have to pay rent.
View original language description ↓
EL Banco Comunal Productivo se reúne cada quince días en el 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 el señor Santos, tiene 49 años de edad y mantiene una relación de unión libre de la cual tiene dos hijos de 23 y 22 años que estudian en universidad. La esposa es ama de casa y le ayuda en su trabajo.

Don Santos tiene un taller de mecánica automotriz y un local en el cual vende repuestos y refacciones para automóviles, los mismos que utiliza para realizar su trabajo, con esto el asegura sus ventas ya que sus clientes le compran sus repuestos, su especialidad es parte electrónica y computarizada de los automóviles, tiene muchos clientes que llegan hasta su taller para que les realice sus trabajos ya que no hay muchos técnicos que arreglan este tipo de daños en los vehículos. Su esposa le ayuda en su trabajo al igual que sus hijos cuando ellos pueden, lleva con su negocio más de 6 años el cual lo tiene en un local alquilado.

Este crédito es para comprar repuestos eléctricos para automóviles que necesita para surtir su negocio. Lleva tres años en el Banco Comunal y le gusta porque los intereses son muy bajos en relación a otros bancos.

Su sueño es tener un local propio para ya no pagar arriendos.

About Ecuador

  • $10,200
    Average annual income
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $23,522,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Santos Thony to buy spare electrical parts for cars.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 27, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 21, 2013