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Georgina
Georgina started a new business based on the skills she learned at the Mifex MERIT Centers. At our training facilities she participated in a course where she learned arts and crafts. Specifically, she makes party and house decorations. She was making the products prior to receiving a loan from Mifex, but her growth was restrained because she could not afford materials. She used the capital from Kiva lenders in order to buy scissors, glue, a glue gun and other decorative items.

She has been able to establish her business nicely as she markets her products in the local schools. She has also started passing along the knowledge from the MERIT Centers to others in the community. She is hoping her new loan will allow her to invest in a glass case and new products. She hopes that she can begin to contribute to her family income in order to provide for her 3 children.

About Ecuador

  • $10,200
    Average annual income
  • 18
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Georgina invest in a new glass case and new products.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 9, 2007
Listed
Jun 23, 2007
Currency Exchange Loss:
N/A
Ended:
May 16, 2008