Check out some available loans that are similar to this one!
24 De Diciembre Del Florón  (Portoviejo) Group
In this Group: María Carolina, Fatima Adriana , Gissella Monserrate, Virginia Del Carmen, María Natalia, María Fernanda, Eliccida Monserrate, María José, Jacinta María, Katty Verónica, Jose Roberto*, Jessenia Maritza*, Dinora Annabel
* not pictured
In the area known as El Florón in the city of Portoviejo, the members of the Grupo de Crédito 24 De Diciembre del Florón meet every two weeks. They work in various businesses such as general trade, service delivery and more. A while ago, they decided to unite and form this credit group, which has helped them a lot in their businesses and family lives.

One of the members of this group is Mrs. Carolina. She is 29 years old and is married with two children who are 6 years old and 5 months old. Her oldest child is in school. Her husband works for the state.

Doña Carolina is a housewife who makes her own income to help her husband with household expenses by selling clothes, shoes and Yanbal products (beauty products, cosmetics, fragrances and accessories for women). She works three days a week, in the morning she enjoys that her child is in school and she only has to carry the younger one. She sells her goods on credit and collects payment every week. She has worked more than 10 years in this business, which helps to raise their children.

This loan is to buy clothes, shoes, perfumes, lotions and cosmetics. She has been in the Grupo de Crédito from the start and likes it because the loans finance her business. Her dream is to have a boutique.
View original language description ↓
En el sector conocido como El Florón de la ciudad de Portoviejo se reúnen cada quince días los socias del Grupo de Crédito 24 De Diciembre del Florón. Los mismos que se dedican a diversas actividades tales como el comercio en general, la prestación de servicios entre otras cosas. Ellos hace tiempo atrás decidieron unirse y formar este grupo de crédito el cual les ha ayudado mucho en sus negocios y su vida familiar.
Una de las socias de este grupo es la señora Carolina, tiene 29 años de edad está casada y de esta relación tiene dos hijos de 6 años y de 5 meses el menor, el mayor estudian en colegio. Su esposo trabaja para el estado.
Doña Carolina es un ama de casa que para obtener sus propios recursos para ayudarle a su esposo con los gastos del hogar se dedica a la venta de ropa, zapatos y productos de Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas). Trabaja tres días a la semana, en horas de la mañana ella aprovecha que su hijo está en la escuela y solo tiene que llevar al más pequeño, deja sus productos a crédito y cobra cada ocho días. Tiene más de 10 años que se dedica a esta actividad con la cual se ayuda para sacar adelante a sus hijos.
Este crédito es para comprar ropa, zapatos, perfumes, cremas y cosméticos. Esta desde el inicio en el Grupo De Crédito y le gusta porque con los créditos ella financia su negocio. Sus sueños son tener una boutique.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of 24 De Diciembre Del Florón (Portoviejo) Group's $6,700 loan helped a member to buy clothing, shoes, perfumes, lotions and cosmetics.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 16, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014