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Ángel Miguel
The communal bank "María Inmaculada" meets every 15 days in the parish of La Sequita in Montecristi, a place known both nationally and internationally for its famous straw hat.

This is where Ángel, 23, lives with his common-law wife and three-year-old son. His wife is a merchant.

Ángel runs a grocery store at home where he and his wife sell all kinds of groceries, grains, pulses, meat, sausages, beverages and other items. His wife also sells sheets, curtains and blinds as a street vendor and from home. They work all day and almost every day, including weekends which is when they register the highest sales volume. He has been in business for three years which has allowed him to support the family.

This loan will be used to buy more groceries and sodas to improve business. Ángel has been in the group for over a year and he likes it because the loans allow him to stock more merchandise.

His goal is to continue working for his family's well-being.
View original language description ↓
El Grupo De Crédito María Inmaculada se reúne cada quince días en La parroquia La Sequita de Montecristi, lugar de los famosos sombreros de paja toquilla que son apreciados dentro y fuera del país.

En este lugar vive el señor Ángel, tiene 23 años de edad y mantiene una relación de unión libre de la cual tiene un hijo de 3 años de edad. Su mujer es comerciante.

Don Ángel tiene una tienda de víveres en su casa, junto a su mujer se dedican a vender toda clase de víveres, granos, legumbres, carnes, embutidos, bebidas, entre otras cosas, además su mujer también vende sabanas, cortinas y toldos, ella sale a recorrer y también vende en su casa, ellos trabajan todos los días y casi todo el día sobre todo los fines de semana que es cuando más venden, lleva tres años con su negocio el cual le permite sacar adelante a su familia.

Este crédito lo va emplear en comprar más víveres y sodas para mejorar su negocio. Está en el Banco Comunal hace más de 1 año y le gusta porque con los créditos puede surtir más su negocio.

Su sueño es seguir adelante por el bienestar de su familia.

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,831,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Ángel Miguel to buy groceries and sodas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 18, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014