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Victoria G. owns a small shop selling household items. She was able to open her business thanks to a loan from her husband who sent $300 from Italy where he works. Every day from 7am until 9pm, Ms. G. runs her store, which happens to be located in her house.

Victoria is applying for her second loan with Mifex and Kiva. Her first credit was a success as she was able to improve the appearance of her store and invest in products that increased profits and business. She saves a part of her profits in order to improve the standard of living of her children and save up to pay for their education. She says it is hard living as a single mother, but she has no desire to uproot her family and move to a foreign place. This 32 year-old entrepreneur who is from the Provincia de los Rios wants nothing more than to succeed in business and give her kids a better life than she had growing up.

About Ecuador

  • $10,600
    Average annual income
  • 64
    View loans »
    Ecuador Loans Fundraising
  • $24,577,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Victoria victoria would like to continue investing in different products for her shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 1, 2007
Jul 17, 2007
Currency Exchange Loss:
May 9, 2008