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Hermes Eloy
In the Pichincha canton the Pichincha communal bank meets every two weeks. This place is known as being very dynamic. Most of its residents work in agriculture and raising animals. It is an area that has a lot of planted vegetation because of a big river that makes the place suitable for crops.

This is where Hermes lives. He is 47 years old. He is in a common law marriage and has four children. Three are grown and the youngest is 13 and in high school. His wife is a housewife. Eight months ago, Hermes decided to open a mini-market in his house in order to get ahead with his family. He sells all types of products such as rice, sugar, detergents, legumes, vegetables and fruit, as well as miscellaneous items. Despite not having his business for very long, he has a lot of customers since it is in a place where a lot of people gather to travel to other cities. A boy works with him, and he pays him for his services.

He is going to use this loan to stock his store more. He will buy rice, sugar, detergent, and other staple grocery items. He has been in the communal bank for three cycles and he likes it because of the speed of the loans. His goals are to keep growing his business.
View original language description ↓
En el cantón Pichincha cada quince días se reúne el Banco Comunal Pichincha, este lugar se lo conoce por ser muy dinámico donde la mayoría de sus habitantes se dedican a la agricultura y a la cría de animales, por ser una zona con gran vegetación surcada por un gran rio lo cual lo hace propicia para los cultivos.
En este lugar vive el señor Hermes, tiene 47 años de edad y mantiene una relación de unión libre de la cual tiene cuatro hijos, tres mayores y el menor de 13 añosa el cual estudia en colegio. Su mujer es ama de casa.
Don Hermes para salir adelante junto a su familia, hace 8 meses atrás decidió instalar un mini Marquet en su casa, allí vende todo tipo de productos como arroz, azúcar, aceites, detergentes, legumbres, verduras y frutas además de artículos de bazar, a pesar de que no es mucho el tiempo que tiene su negocio este tiene mucha clientela ya que esta en lugar donde muchas personas se reúnen para viajar a otras ciudades, con el trabaja un muchacho a quien le paga por sus servicios.
Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes, entre otros viveres de primera necesidad. Lleva tres ciclos en el Banco Comunal y le gusta por la rapidez de los créditos. Sus metas son seguir aumentando su negocio.

About Ecuador

  • $10,200
    Average annual income
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Hermes Eloy to buy rice, sugar, oil, detergent and other staple grocery items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014