Funded

Total loan: $5,350
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Amigos Por Siempre (Portoviejo) Group

Ecuador
Portoviejo, Ecuador / Clothing Sales

A loan of $5,350 helped a member to buy trousers, shirts and underwear.


Amigos Por Siempre (Portoviejo) Group's story

In the municipal community in the city of Portoviejo, every 15 days the members of the communal bank "Amigos Por Siempre" hold a meeting. They are involved in different business activities such as commerce in general, services, and other areas. They already received one loan and it went well for them, and now they hope to continue improving their lifestyles and businesses.

One of the members of this group is Mrs. Marlene, 36, who is married and has two children, aged 14 and 13. Her husband is a bricklayer.

Apart from being a great homemaker, she also sells all kinds of clothing on a door-to-door basis. She works throughout the city, Monday through Friday, in the mornings and afternoons. She delivers her products on a credit basis and collects payment every week. To buy her merchandise and products she travels to the city of Guayaquil at the end of every month or whenever she needs to. She has been in business for four years and it has gone very well.

This loan is to buy trousers, shirts and underwear, especially for children, since this is when school starts and her customers are requesting these items. This is her third loan through the communal bank. She is the Treasurer and enjoys the bank because the loans are very helpful.

Her goal is to have her own boutique.

The three small photos are of members who could not be present for the group picture.

In this group: Dolores Narcisa De Jesús, Marlene Del Rocio, Andrea Alexandra, Martiris Italia, Fredda Asalia, Roxana Del Rocio, Genesis Gabriela, Betty Lastenia, Aracely Melida*, Diana Carolina, Carlos Raul*, Ketty Elizabeth, María Teresa, Jessica Fernanda, Lourdes Maribel, Roosevelt Manuel, Rosanna Elizabeth*
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess


Loan details

Loan length:

6 months
Disbursed date: March 29, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: March 29, 2012
Facilitated by Field Partner: Fundación ESPOIR