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Norma Margarita
The communal bank "Jardín De La Artesanía" ["Handicrafts Garden"] meets every fifteen days in the canton of Montecristi, which is known for its rich pre-colonial history and for its handicrafts, recognized on the national and international levels. It is the home of the famous hats made of paja toquilla fibers.

In this place lives Norma, who is 61 years old. A few years ago, her beloved husband passed away, but from this relationship she has seven children, who are already grown and independent, although one of them lives very close to her.

Norma works for a municipality in her area, and she also dedicates herself to commerce. Five years ago, she opened a small grocery store in her home. Since then, it has grown little by little with the loans she has received. When she is working for the municipality, her daughter is the one who takes charge of managing the store, and for this work Norma pays her a weekly salary, thus allowing her to earn something for her efforts as well.

This loan is to buy rice, sugar and other grocery items which her store needs to satisfy its customers. Norma has been in the communal bank since the beginning, and she likes it because of the help provided to her through the loans.

Her dream is to continue expanding her business.
View original language description ↓
EL Banco Comunal Jardín De La Artesanía 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 Norma, tiene 61 años de edad, hace varios años su querido esposo falleció pero de esta relación tienen siete hijos los mismos que ya son mayores de edad e independientes, aunque una de ellos vive muy cerca de ella.

Doña Norma trabaja en un Municipio de la localidad y también se dedica al comercio, ella desde hace cinco años surtió una pequeña tienda de víveres en su casa, la misma que ah ido aumentado poco a poco con los créditos que ha recibido. Cuando ella esta laborando en el Municipio su hija es la que se encarga de administrar la tienda y por este trabajo le paga un sueldo semanal, con lo cual ella también se gana algo por su esfuerzo.

Este crédito es para comprar arroz, azúcar y otros víveres que su tienda necesita para la satisfacción de los clientes, esta desde el inicio en el Banco Comunal y le gusta por la ayuda que le brindan los créditos.

Su sueño es seguir aumentando su negocio.

About Ecuador

  • $10,200
    Average annual income
  • 36
    View loans »
    Ecuador Loans Fundraising
  • $23,451,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $950 helped Norma Margarita to buy rice, sugar and other grocery items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 10, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013