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Gioconda Elizabeth
Gioconda M., 40, lives in the outskirts of Guayaquil. Her house is concrete but it only has running water and electricity; no sewerage. Gioconda opened a locksmith shop thanks to her husband who worked for a welder 10 years ago. However, because they did not pay him on time nor offer any benefits, he decided to use what he had learned and open his own shop. He also began to teach his skills to Gioconda. Now, Gioconda and her husband work from 8am to 5pm. They buy solder, anti-rust paint, and black metal sheets. Some of their better known customers bring their own raw materials in order to save a bit on costs. One of the greatest complications they face is when the government rations electricity use and some of the projects they work on irritate allergies in their three children, who are students at the local elementary school. With the funding she wants to buy tools and equipment so that she can have a larger customer turnover in order to provide a better life for her family. In the future, she would like to enlarge her business so that her children will have the opportunity to go to better schools.
View original language description ↓
Gioconda M. de 40 años de edad, vive en la zona de Perimetral de Guayaquil tiene una casa de cemento solo cuenta en su vivienda con agua y luz no tiene alcantarillado, Gioconda emprendió este negocio de cerrajería gracias a su esposo que hace 10 años atrás trabajo en una Empresa de soldaduras, pero al no cancelarle a tiempo y no tener beneficios de esa empresa decidió ser independiente con los conocimientos aprendidos comenzó a enseñarle su esposa Gioconda.

Ahora Gioconda con su esposo trabajan de 08h00 hasta las 17h00, compran soldadura, pinturas anticorrosivas y planchas negras algunos de sus clientes mas conocidos traen la materia prima para que le salga mas económico, una de las mayores complicaciones es la electricidad en tiempos de racionamiento del Gobierno y también el trabajo que hacen a sus 3 hijos les ocasionan alergias, sus 3 hijos estudian en la escuela fiscal cercana a su sector.

Con el préstamo quiere comprar herramientas y equipos para poder tener más movimiento en su clientela y darle una mejor vida a su familia, en el futuro quiere ampliar el negocio y así sus hijos tengas la oportunidad de estudiar en mejores colegios.


Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,200
    Average annual income
  • 42
    View loans »
    Ecuador Loans Fundraising
  • $23,096,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Gioconda Elizabeth for tools and equipment.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2009
Listed
Dec 15, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010