Funded

Total loan: $450
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Angela Mercedes

Ecuador
Portoviejo, Ecuador / Construction Supplies

A loan of $450 helped to buy cement and other materials for making paving stones.


Angela Mercedes's story

In Rocafuerte canton, the 'Mujeres Organizadas' (Organized Women) community bank meets every fortnight. This place is known for the delicious sweets and desserts which its residents make. They are well known throughout the country.

Angela has been a member of the community bank for six years. She is currently the bank's collector of payments. She is 35 years old, married, and has three children aged 15, 14 and 11. Her oldest children are in high school and her youngest is in elementary school. Angela's husband has a paving stone factory and is also a construction worker. Angela studied Education Sciences at Manabí Technical University and is currently a school teacher.

This loan is for her husband's business since it is a family business. He works from Monday to Saturday, from 8.00am to 5.00pm, making and selling paving stones. She tells us that he sells them to the general public as well as to public institutions who need them to repair streets and sidewalks. In the afternoon, Angela helps her husband mostly with sales and the small business' accounts. She works with two people to whom her husband pays a weekly wage.

This loan will be used to buy cement and other necessary materials for making paving stones. Her dream is for the business to keep growing every day.

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

6 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: Fundación ESPOIR