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Leticia Monica
Leticia, 58, lives in the outskirts of Guayaquil near the Perimetral road (highway that encircles the city.) Her husband is a bricklayer and she sells chicken from a post outside her house. Leticia started selling chickens with the goal of helping her family, and as she did not have a place to sell or a stall in the market, she bought a table and chickens and started to sell outside her house.

Now she sells from 7am until noon every day. She sells each chicken, according to its weight, for $7.00. One of the problems she has is that she lacks a place to sell, and so the dust from the streets makes her chickens dirty. With the loan she wants to buy paint, cement blocks and cement to make improvements to her house.

In the future, she wants to have a store and wants to buy a machine to process the chickens.
View original language description ↓
Leticia de 58 años, vive en una zona periurbana en la Perimetral de Guayaquil, su esposo es albañil, y ella vende pollos en un puesto afuera de su casa. Leticia empezó a vender pollos con el fin de ayudar a los gastos familiares, como no tenia un local y un puesto en un mercado, compro una mesa y pollos y se puso a vender afuera de su casa.

Ahora ella vende desde las 07h00 hasta las 12h00 todos los días, cada pollo según su peso lo vende a $ 7.00. Uno de los problemas que tiene es no tener local y eso hace que el polvo de la calle ensucie los pollos. Con el préstamo quiere comprar pintura, bloques y cemento para su construir mejor su casa.

En el futuro quiere tener un local y comprar una maquina peladora de pollos.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Ecuador

  • $10,200
    Average annual income
  • 44
    View loans »
    Ecuador Loans Fundraising
  • $23,222,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Leticia Monica to buy paint, blocks and cement.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2010
Listed
May 20, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 20, 2011