Funded

Total loan: $1,000
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Mercedes Aurora

Ecuador
Portoviejo, Ecuador / Grocery Store

A loan of $1,000 helped to buy rice, sugar, oil, detergents, other basic products and clothing.


Mercedes Aurora's story

The communal bank Proyección 2000 meets every 15 days in the beautiful city of Portoviejo, the capital of Manabi. It is surrounded by marvelous beaches and has a warm and friendly climate, with beautiful and hard working women that make an effort everyday to move their families forward.

In this place we can find Mercedes. She is 38 years old, is married and from this relationship she has three children of the ages of 20, 16 and 8. They study in the university, secondary school and primary school and they all live with her. Her husband is a public employee.

Mercedes studies law in the local university and has a store in her house. There, she sells all types of products, from basic needs to paper products and products found in variety stores. In addition she sells clothing by catalog. She makes those sales in the university where she studies. She works daily from 6:00 in the morning until 4:00 in the evening in her store and then she goes to the university where she studies. Her children and husband help her in the store when she has to study because when she is in the house, she is also in her business locale. She has done this work for three years and it is going very well for her.

She is going to use this loan to stock up her store. She is going to buy rice, sugar, oil, detergents, other basic needs and clothing. She has been in this communal bank for nine years and she likes it because she has made more friends in the group. Her goals are to continue moving forward in her business and for her store to grow more each day.

Translated from Spanish by Kiva volunteer Gina Cappuccitti


Loan details

Loan length:

8 months
Disbursed date: July 23, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: July 23, 2012
Facilitated by Field Partner: Fundación ESPOIR