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Michelle Maria
Michelle G. is 21 years old and lives in the neighborhood of Fortin in the outlying areas of Guayaquil. Four years ago, she began selling products in a small store in Guayaquil, but since she had to change locations, she has been running the store from her house for the last two years.

Now Michelle works from 6:00 A.M. until 10:00 P.M. In her store she has rice at $.30 a pound, chicken at $1.40 a pound, and oils at $.65 each. One of the greatest difficulties for her business is government rationing of energy. Her husband is 28 years old and works in Sauces 9 market in Guayaquil. With him she has two children; a one-year-old and a three-year-old.

With this loan she wants to buy rice, chicken, and soft drinks to expand her business. In the future she would like to set up a well-stocked store with an office, for which she is currently studying this profession.
View original language description ↓
Michelle García de 21 años de edad, vive en barrio marginal de Fortín de Guayaquil, Michelle comenzó ya hace 4 años en la florida de Guayaquil vendiendo en una pequeña tienda, pero como tuvo que cambiarse de sector lo puso en la que ahora es su casa ya hace 2 años.

Ahora Michelle trabaja desde las 06h00 hasta 22h00, en su tienda tiene arroz a $ 0.30 la libra, Pollo a $ 1.40 la libra, aceites $ 0.65 c/u, una de las mayores dificultades en su negocio son los racionamientos de energía del Gobierno, su esposo tiene 28 años el trabaja en el mercado de Sauces 9 de Guayaquil, con el tiene 2 hijos uno de 1 año y otro de 3 años.

Con el préstamo quiere comprar arroz, pollos, colas, para agrandar mas el negocio, en el futuro quiere poner una tienda muy surtida y también un gabinete por lo que Michelle se encuentra estudiando esa profesión.

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

  • $10,600
    Average annual income
  • 78
    View loans »
    Ecuador Loans Fundraising
  • $24,585,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Michelle Maria to purchase rice, chicken, and oil for her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Dec 11, 2009
Dec 18, 2009
Currency Exchange Loss:
Sep 15, 2010