Check out some available loans that are similar to this one!
Ángel Francisco
Every fortnight the members of the '17 de Julio' community bank meet in the city of Portoviejo, which has been known as 'the City of the Royal Tamarind Trees' since colonial times.

Angel, 62, lives in this city. He is divorced with two adult children from his previous marriage who live independently. At the moment he is living with his de facto with whom he also has two children who still live at home. His wife is a housewife.

Angel is a very enterprising man who likes to work to get ahead so that his family don't go without anything. He runs a mini market which he rents close to his home selling all kinds of provisions including fish, pulses and many other products. He also runs a bakery from the same store which is very busy since his customers can everything there. He works there with the help of all of his family as well as a worker whom he pays a monthly salary. As well as working for his family, Angel also provides a source of income for the person who works alongside them.

This loan will go towards buying more provisions to restock his mini market as well as flour and other ingredients to make bread. He has gone through five loan cycles with this community bank and he likes it because of the stability of the institution.

His dream is to keep his business running.
View original language description ↓
En la ciudad de Portoviejo conocida como la Ciudad de Los Reales Tamarindos desde épocas coloniales se reúnen cada quince días las socias del Banco Comunal “17 de Julio”.

En este lugar vive el señor Ángel, tiene 62 años de edad es divorciado y de esta relación tiene dos hijos mayores e independientes, actualmente mantiene una relación de unión libre de la cual también tiene dos hijos que aun viven en su casa. Su mujer es ama de casa.

Don Ángel es un hombre muy emprendedor que le gusta trabajar para salir adelante y para que a su familia no le falte nada, el tiene un local que arrienda en las cercanía de su casa en el cual tiene un mini Marquet, allí vende toda clase de víveres así como también carne pescado, legumbres y muchos otros productos, en este mismo lugar tiene una panadería la cual es muy concurrida ya que sus clientes encuentran de todo en su local, allí trabaja con la ayuda de toda la familia así como también con una persona a quien le paga un sueldo mensual, él además de trabajar para su familia también es la fuente de ingresos de la familia de la persona que trabaja con ellos.

Este crédito es para comprar más víveres para surtir su mini Marquet, harina y otros ingredientes para prepara el pan. Lleva 5 ciclos en el Banco Comunal y le gusta por la solidez de la institución.

Su sueño es seguir con su negocio.

About Ecuador

  • $10,200
    Average annual income
  • 43
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Ángel Francisco to buy provisions, flour and other ingredients to make bread.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 13, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014