Check out some available loans that are similar to this one!
Alfonsina
The María Asunción communal bank meets every 2 weeks in the Picoaza village, which is near the city of Portoviejo. This area is well known as a commercial area, for the traditional festivals of Saint Pedro and Saint Pablo, and for the happiness of its people.

Alfonsina is 58 years old and lives in Picoaza. She is married and has 2 children. One of them passed away but the child she still has is grown and independent. Her husband is a teacher.

Alfonsina works selling clothes and sheets door-to-door. She started this business with the first loan that she received via her communal bank. She works 4 days a week and collects her money on the weekends (since she sells on credit). In order to stock her store, she has to travel to the cities of Guayaquil and Quito every 2 weeks. Currently, she is mostly selling seasonal clothes such as bathing suits, shorts, and hats. She also sells imitation jewelry and primarily women's sunglasses.

This loan is to buy sheets, sunglasses, imitation jewelry, and all kinds of clothes. She is the founding member of her communal bank and she likes it because she was able to start her business with a loan. Her dream is to progress and get ahead in life.
View original language description ↓
El Banco Comunal María Asunción se reúne cada quince días en la parroquia Picoaza de la ciudad de Portoviejo. Lugar conocido por ser una zona muy comercial, por sus fiestas tradicionales de San Pedro y San Pablo y por la alegría de su gente.
En este lugar vive la señora Alfonsina, tiene 58 años, está casada y de esta relación tuvo dos hijos pero uno falleció el que aún le queda ya es mayor de edad e independiente. El esposo es profesor.
Ella se dedica a la venta de ropa y de sabanas, su forma de venta es puerta a puerta, empezó su negocio con el primer crédito que recibió del Banco, trabaja cuatro días a la semana y los fines de semana cobra ya que deja a crédito. Para poder surtir su negocio tiene que viajar hasta las ciudades de Guayaquil y Quito cada 15 días. En la actualidad lo que más vende es ropa de temporada como trajes de baño, bermudas y gorras. También está vendiendo bisuterías y gafas sobretodo de damas.
Este crédito es para comprar sabanas, gafas, bisutería y ropa de todo tipo. Ella es socia fundadora del Banco Comunal y le gusta porque con un crédito pudo empezar su negocio. Su sueño es seguir adelante.

About Ecuador

  • $10,600
    Average annual income
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,104,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Alfonsina buy sheets, sunglasses, imitation jewelry, and clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014