Funded

Total loan: $875
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Carmen Adelaida

Ecuador
Montecristi, Ecuador / General Store

A loan of $875 helped to buy notebooks, pens, snacks, sweets and ice-creams.


Carmen Adelaida's story

The Grupo De Crédito De Colorado (Colorado’s Communal Bank) is a Communal Bank that meets every fortnight in Colorado, in the Montecristi Canton a place known for its rich pre-colonial culture and for its crafts that are famous both nationally and internationally; here is where the famous straw hats come from. Here is where Carmen lives. She is 56 years old, she is married and she has six children, who are all adults; two of them still live with her. Her husband is unemployed because he has had an accidents and is unable to work. In order to provide for her family, a few years ago Carmen set up a small store in her house, where she sells ice-creams, sodas, sandwiches and other snacks. She decided for this activity because her house is in front of a school and her business is secure because kids generally love all of her products. She used her previous loan to buy school supplies as well, and thanks to this both her activity and her income have improved. She tries to buy more products every day, in order to increase her earning for her family’s wellbeing. The loan she is requesting will be used to buy notebooks, pens, snacks, sweets, ice-creams and other articles that she sells. She has been a member of Grupo De Crédito for 6 years, and she likes it because thanks to the loans she makes her activity grow on a daily basis. Her dream is to keep on improving her activity.

Translator profile picture

Translated from Spanish by Kiva volunteer Emanuela Villa


Loan details

Loan length:

6 months
Disbursed date: January 6, 2014
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: January 6, 2014
Facilitated by Field Partner: Fundación ESPOIR