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Sep 20, 2016 5:03 PM ET

Ecuador: Port- Creceremos Juntos Group – A loan of $5,425 helps a member to buy beverages, ice cream, snacks, etc.

iCrowdNewswire - Sep 20, 2016

Port- Creceremos Juntos Group

Portoviejo, Ecuador / Grocery Store
Borrower image

Port- Creceremos Juntos Group’s story

Alina, like 11 other people who need a loan to help them improve their businesses, formed this credit group. With it, they hope to get ahead for the good of their families. She is 49 years old, a single mother, and the mother of 1 child who is 16 years old and in high school. They live in Portoviejo, a place that was very affected by a recent earthquake which left a lot of destruction in its wake. Alina is a very hardworking woman who doesn’t let herself be defeated by adversities. She tries to get ahead for the good of her family. She has a locale that she rents in a gas station in the city. She sells staple products, beverages, ice cream, snacks, oils, and lubricants for vehicles. She also has a small bar there where people who pass through buy food that she prepares with a lot of love. With it, she always gains more customers, which allows her to earn a living for her and her son, because she is both father and mother. This loan is to stock her business. This is her first cycle in the credit group and she hopes to continue for a long time. Her dream is to have her own locale so that she doesn’t have to pay rent.

In this group: Cevallos Vera , Bermello Bravo , Piloso Cedeño, Cedeño Macias , Jaramillo Litardo , Parraga Vinces , Bravo Vera , Bravo Vera , Ortega Pin *, Ruiz Veliz , Veliz Cedeño , Zambrano Alay
*not pictured





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Translated from Spanish by Kiva volunteer Ellen DonohueView original language description

Alina al igual que 11 personas como ella necesitados de la ayuda de un crédito que les ayude a mejorar sus negocios formaron este Grupo de crédito con el cual esperan salir adelante por el bien de sus familias, ella tiene 49 años de edad, es madre soltera, tiene 1 hijos de 16 años de edad el cual estudia en colegio, ellos viven en Portoviejo lugar muy afectado por un reciente terremoto el cual dejo mucha destrucción a su paso. Alina es una mujer muy trabajadora que no se deja vencer ante las adversidades sino que trata de salir adelante por el bien de su familia, ella tiene un local que arrienda en una gasolinera en la ciudad, allí ella vende víveres de primera necesidad, bebidas, helados, cosas de picar, aceites y lubricantes para vehículos y allí mismo tiene un pequeño bar donde las personas que pasan por el lugar se sirven bocaditos que ella prepara con mucho amor, con esto ella siempre gana más clientela que le permite ganarse la vida para ella y su hijo ya que ella es madre y padre a la vez. Este crédito es para surtir su negocio. Este es el primer ciclo en el Grupo De Crédito y espera seguir por mucho tiempo más. Su sueño es tener un local propio para no pagar arriendos. 

This loan is special because:

It provides funds to entrepreneurs recovering from a natural disaster. 

Kiva staff 

More about this loan

Natural disaster recovery loans from Fundación ESPOIR are directed towards existing clients who have been adversely affected by the recent earthquakes in Northwest Ecuador.

These loans work as seed money for business owners to reactivate a devastated business and gives them the ability to generate income for themselves and their families again.  

Kiva’s low-cost, risk tolerant capital allows Fundación ESPOIR to offer a higher risk product to these specific clients, as they work to rebuild their lives and businesses.

Please note that given the circumstances, these loans have a higher level of risk than the average loan from Fundación ESPOIR in Ecuador.   

A loan of $5,425 helps a member to buy beverages, ice cream, snacks, etc.

Contact Information:

Port- Creceremos Juntos Group

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