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María Elena
Every 15 days, the members of communal bank “Mujeres por el Progreso” [Women for Progress] meet in the city of Los Bajos de Montecristi, famous for its varied traditional products, such as the toquilla straw hat [a.k.a. Panama hat], which is well-known locally and abroad.

This is where María lives. She is 33 years old, married and has three daughters aged 15, 12 and 7. The oldest ones go to upper school, the youngest to primary school. Her husband works as a driver.

María is requesting a loan to help her husband, who owns a tank truck. He supplies different companies and industrial facilities in the city of Manta with water. He makes different trips every day, considering that this precious liquid is vital in order to be able to work. He gets paid weekly, and needs some capital in order to continue with his business. He has been doing this for more than fifteen years, which has helped him to get ahead with his family.

With this loan, they will buy water and fuel. She has been a member of the communal bank for more than three years. She is in charge of collecting loan payments from the group and enjoys this activity, since she finds these loans very useful. Her dreams are to continue progressing and give her children a good education.
View original language description ↓
En Los Bajos de Montecristi, ciudad conocida por su gran diversidad de productos típicos, como por ejemplo los sombreros de paja toquillas conocidos dentro y fuera del país se reúnen cada 15 días las socias del Banco Comunal Mujeres Por EL Progreso.
En este lugar vive la señora María, tiene 33 años de edad, está casada y de esta relación tienen tres hijas de 15, 12 y 7 años de edad, las mayores estudian en colegio y la menor en escuela. Su esposo es chofer.
Doña María realiza el crédito para el esposo el cual tiene un tanquero con el cual surte de agua a ciertas empresas y fabricas en la ciudad de Manta, el realiza varios viajes por día ya que es estos lugares requieren mucho de este liquido vital para poder trabajar, el recibe el pago semanal por la venta del agua, por lo cual requiere de capital para seguir trabajando, lleva más de 15 años dedicado a esta labor la cual les ha permitido salir adelante.
Este crédito es para comprar agua y combustibles para seguir trabajando. Lleva más de 3 años en el Banco Comunal, es la fiscal de pagos del grupo y le gusta porque los créditos son de mucha ayuda. Sus sueños son seguir adelante y darles una buena educación a sus hijos.

About Ecuador

  • $10,200
    Average annual income
  • 42
    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 $1,075 helped María Elena to buy water and fuel.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014