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Lucila

Lucila is a single mother who sells cosmetics. She travels around the local community from the morning into the evening offering family, friends and acquaintances her products. This work provides the main source of income for her and her family. She has three daughters, two of whom go to school. When she goes out in the afternoon to sell, she must leave her younger kids in the care of her older daughter, which is worrisome for her. She has already borrowed from Mifex before. She uses the loans so she can buy her products wholesale for better prices. Her goal is to become a large-scale distributor of the cosmetics and open a store in her home.

About Ecuador

  • $10,600
    Average annual income
  • 97
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Lucila purchase her goods at wholesale prices.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 23, 2007
Listed
Jul 9, 2007
Currency Exchange Loss:
N/A
Ended:
May 17, 2008