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Nelly Margot
The communal bank Bienestar y Progreso (Well-being and Progress) meets every other week in Colorado of the canton Montecristi. This area is known for its rich pre-colonial culture and for its nationally and internationally recognized artisanship. This is also the place of origin of the famous straw hats.

This is where Nelly (53 years old) lives. Her husband died a few years ago but she still lives with the youngest of their three children (who are now adults). For several years, Nelly has had to work by herself to help her children get ahead. She runs a business from her house, from which she sells all kinds of clothing, diapers, and gifts. Nelly also has a taxi that her son drives when he has time and is not studying in the University of Manta. Currently, Nelly pays a driver weekly for his work.

Nelly will use this loan to buy clothing, diapers, and to pay to repair her taxi. Nelly is a founding member of her communal bank group. She likes this bank because the loans have helped her to overcome some very difficult situations and she is very grateful. Her dreams are to move forward and enjoy her good health.
View original language description ↓
EL Banco Comunal Bienestar y Progreso se reúne cada quince días en Colorado del 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 Nelly, tiene 53 años de edad, hace varios años su esposo falleció pero de esta relación tiene tres hijos mayores de edad, el menor de ellos aun viven con ella.

Doña Nelly desde hace mucho tiempo atrás ha tenido que luchar sola para sacar adelante a sus hijos, tiene un negocio en su casa en el cual vende ropa de todo tipo, pañales y regalos. También tiene un taxi que conduce su hijo cuando él está desocupado ya que el estudia en la universidad en Manta, en este momento tiene un chofer a quien le paga un sueldo semanal por su trabajo. Gracias a los créditos ha podido salir de situaciones muy difíciles en su vida.

Este crédito es para poder comprar ropa, pañales y pagar el arreglo del taxi. Es socia fundadora del Banco comunal y le gusta porque los créditos le han permitido salir adelante en momentos difíciles por lo cual esta muy agradecida.

Sus sueños son seguir adelante y gozar de buena salud.

About Ecuador

  • $10,600
    Average annual income
  • 97
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Nelly Margot to buy clothing, diapers, and to repair her taxi.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013