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Norma Patricia
Norma Patricia E. A. is 36 years old and a single mother of 2 children, Alejandro and Estefania. They live in Ventanas, in the province of Los Rois. Norma is a member of a communal bank located an hour and a half from Ventanas. There are 17 members in total, the majority of them working in agriculture. This is the first loan that they will be taking with Cooperativa San Jose.

Norma works selling clothing and shoes from a shop in her house. She purchases her inventory every month in the city of Guayaquil and Quito, and she sells her merchandise from her house or door to door. She is requesting this loan to purchase more clothing and shoes to grow her busines. She feels this loan is a chance to improve the quality of her life. Her dream is to be able to purchase her own home from where she can grow her business. She faces challenges from the competition in her area. Norma would like to be able to travel, and one day leave Ecuador.

View original language description ↓
Norma Patricia E. A. tiene 36 años. Es soltera y vive con los hijos, vive en Ventanas provincia de Los Ríos. Tiene 2 hijos, Alejandro y Estefanía.

Norma es una socia de la ventanilla rural la “Y”, que está ubicada a hora y media de Ventanas. Son 17 socios en total, que en la mayoridad se dedican a la agricultura. Esto es el primer préstamo que ellos sacan con la Cooperativa San José.

Norma se dedica al comercio, vende ropa y calzado en un local de su vivienda. Realiza sus compras cada mes en la ciudad de Guayaquil y Quito y los vende en su casa o de puerta en puerta.

Solicita el préstamo para la compra de ropa y calzado para incrementar el negocio. Piensa que el crédito es una oportunidad para salir adelante. Sus sueños es comprar una casa para aumentar el negocio. Enfrenta desafíos es la competencia de la localidad.
Le gusta viajar y algún día le gustaría salir del país.

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!

About Ecuador

  • $10,600
    Average annual income
  • 75
    View loans »
    Ecuador Loans Fundraising
  • $25,601,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Norma Patricia to purchase more clothing and shoes to grow her small business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 19, 2010
Aug 1, 2010
Currency Exchange Loss:
Aug 15, 2011