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Mercedes Aurora
In the sector known as Guabito in the city of Portoviejo, the members of the Communal Bank “Amor Y Felicidad” (Love and Happiness) meet every 15 days. Portoviejo, the capital of Manabí, has been known for many years as the city of “Los Reales Tamarindos”.

It is in this place that one can meet Sra. Mercedes. She is 38 years old, married, and has three children (ages 16, 13, and 8). The two older children are in high school and the youngest attends elementary school. Her husband is a merchant. Mercedes has been with the Communal Bank from the beginning and enjoys being a member because the loans have been very important to her business and for her personal life.

She is an excellent homemaker who also sells clothing through catalogs of various national and foreign brands. In addition, Mercedes sells products made by Yanbal (beauty products, cosmetics, perfumes, and women’s accessories). She works three days a week, offering her products on credit and collecting payments each week. The Yanbal products are shipped to her house and she acquires the clothing from a distributor. Mercedes has been in business for four years and has done very well. She says that she started her business out of necessity because she had to earn her own income. Since she did not have a job, she decided to start this business and now earns a good income.

This loan will be used to buy perfumes, crèmes, cosmetics, and clothing of all types. Her dream is to open a boutique.

View original language description ↓
En el sector conocido como el Guabito de la ciudad de Portoviejo, capital de Manabí conocida desde hace muchos años como la ciudad de los reales tamarindos, se reúnen cada quince días las socias del Banco Comunal Amor Y Felicidad.

En este lugar conocimos a la señora Mercedes, tiene 38 años de edad, está casada y de esta relación tienen tres hijos de 16, 13 Y 8 años de edad, los dos mayores estudian en colegio y el menor en escuela. Su esposo es comerciante. Está en el banco comunal desde sus inicios y le gusta porque los créditos son muy importantes para su negocio y su vida personal.

Ella es una muy buena ama de casa que además se dedica a la venta de de ropa por catalogo de varias marcas tanto nacionales como extranjeras. Además de productos Yanbal (productos de belleza, cosméticos, perfumería y accesorios para damas). Trabaja tres días a la semana, deja sus productos a crédito y cobra cada semana. Sus productos Yanbal los recibe en su casa y lo que es ropa en el centro en una distribuidora. Tiene 4 años que se dedica a esta actividad y le va muy bien, nos cuenta que empezó por la necesidad que tenia de ganar algo propio y como no había trabajo empezó con su negocio que en la actualidad le deja buenos ingresos.

Este crédito es para comprar perfumes, cremas, cosméticos y ropa de todo tipo.

Su sueño es tener una boutique.

About Ecuador

  • $10,600
    Average annual income
  • 73
    View loans »
    Ecuador Loans Fundraising
  • $25,584,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mercedes Aurora to purchase perfumes, crèmes, cosmetics, and clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 27, 2011
Jul 22, 2011
Currency Exchange Loss:
Dec 15, 2011