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Nory Isabel
Nory A. is 41 years old and lives in the suburbs of Fortín de Guayaquil. She has the basic services of water and light in her home. Her husband is a driver and they have three children ages: 26, 20, 18.

For economic reasons she had to leave her job as an informal merchant. Fifteen years ago Nory and her husband sold a car they had and used the money they got to open a paper store.

Right now she has her own store in Fortín. She starts working at six in the morning and her daughter helps her. She also sells clothing and perfumes in the paper store. One of the high risk factors in her business is delinquency.

She wants to buy notebooks, clothing, and shoes with her loan money to increase her business. She would like to expand her business to all of Ecuador in the future.
View original language description ↓
Nory A. de 41 años, vive en una zona periurbana en el Fortín de Guayaquil, en su vivienda cuenta con agua y luz como servicio básico, su esposo es chofer ellos tienen 3 hijos de 26, 20, 18 años.

Debido a la necesidad económica ella tuvo que abandonar su trabajo como comerciante informal. Hace 15 años atrás Nory y su esposo vendieron un auto que tenían y el dinero lo utilizaron para tener una papelería.

En estos tiempos ella cuenta con un local propio en el Fortín. Trabaja desde las 06h00 de la mañana, su hija mayor le ayuda. Ha implementado vender ropa y perfumes en la papelería. La delincuencia es uno de de los factores de alto riesgo en su negocio.

Con el préstamo quiere comprar cuadernos, ropa, zapatos para incrementar su negocio. En el futuro quiere que su negocio se expanda a las provincias del Ecuador.



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
  • 49
    View loans »
    Ecuador Loans Fundraising
  • $23,889,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nory Isabel notebooks, clothing, shoes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2010
Listed
Mar 18, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010