Funded

Total loan: $1,500
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Gema Isabel


A loan of $1,500 helped buy all types of clothing and merchandize for men.


Gema Isabel's story

In the citadel of El Florón, the city of Portoviejo is the capital of Manabí which has been known for many years as the city of the real tamarinds, every two weeks the members of the ‘Rebirth’ Communal Bank get together.

Mrs. Gema lives in this place; she is 22 years old, married and does not have any children. Her husband is a salesman. Gema does a distance learning course in Children’s Education from a Private University De Loja.

She needs a loan for her husband who has a stall downtown that he owns with one of his sisters where they sell shirts, ties, belts, and other clothing items for men. They work everyday from 8:00 a.m. to 6:00 p.m. the merchandize is sent directly from the factory since it is cheaper that way. Gema’s husband has been in the business for over 5 years and has done quite well; he also has a car that he uses as a school bus driver.

This loan will be used to buy all types of clothing and merchandize for men. Gema has been in the communal bank for 4 years and says she likes it because of the low interest rates.

Gema’s dream is to have her own apartment because she lives in a rented one.

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Loan details

Loan length:

6 months
Disbursed date: August 27, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 27, 2012
Facilitated by Field Partner: Fundación ESPOIR