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Rosa Magdalena
The loan group Aquí Hay Esperanza (Here There is Hope) meets every two weeks in the canton of Jaramijo. This place is known for the beautiful beaches that line the coast of this beautiful place. Here, the majority of the people are very hardworking and do work related to the sea.
Rosa lives in this place. She is 31 years old and has a common law husband and 3 children who are 15, 13, and 12 years old. Two of them are in high school. Her husband is a fisherman.
To earn something of her own and to give her children what they need, Rosa started a little grocery store in her home with the first loan that her group received. She has been growing the business little by little in order to satisfy her customers. She sells rice, sugar, oils, detergents, and other things. She will also give part of the loan to her husband to buy fishing supplies.
This loan will be used to buy groceries and fishing supplies. She has been in the loan group for 2 loan cycles and she likes it because she started her business with the loans. Her dream is to have a well-stocked store.
View original language description ↓
El Grupo De Crédito Aquí Hay Esperanza se reúne cada 15 días en el cantón Jaramijo, este lugar es conocido por sus hermosas playas que bañan las costas de este hermoso lugar, aquí la mayoría de los habitantes son muy trabajadores y dedicados a las faenas del mar.
En este lugar vive la señora Rosa, tiene 31 años de edad y mantiene una relación de unión libre de la cual tiene tres hijos de 15, 13 y 12 años, dos de ellos estudian en colegio. El marido se dedica a la pesca.
Doña Rosa para ganar algo por su cuenta y con esto darles lo necesario a sus hijos con la ayuda del primer crédito que recibió del grupo surtió en su casa una pequeña tienda de víveres, la cual la va aumentando poco a poco para satisfacer a sus clientes, allí vende arroz, azúcar, aceites, detergentes, entre otras cosas. Ella también le da parte del crédito para que su marido compre lo necesario para la pesca.
Este crédito es para comprar víveres y materiales de pesca. Lleva 2 ciclos en el Grupo de Crédito y le gusta porque con los créditos empezó su negocio. Sus sueños son tener una tienda bien surtida.

About Ecuador

  • $10,600
    Average annual income
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Rosa Magdalena to buy groceries and fishing supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
Apr 26, 2014
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014