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Maria Dolores
María, 48, lives in an urban zone in Las Orquídeas (started out as a field where many orchids grew), Guayaquil. She sells waype (rags) to hardware stores, replacement parts shops, construction sites and for home remodeling. (In the photo you can see the remnants she uses to make the waypes).

Prior to selling waype, she worked as a textile worker but she was frustrated by the desire to have her own business. She used her savings to buy remnants and turned them into waype. Each pound of waype sells for $1.80.

In order to increase production she wants to buy more fabric remnants with the loan.

In the future, she’s like to finish building her house and expand her business.
View original language description ↓
María de 48 años, vive en una zona urbana en las Orquídeas (la originalidad de este lugar fue un campo con muchas flores orquídeas) de Guayaquil. Ella vende waype (en la foto aparecen los retazos con que utiliza para hacer los waype) a las ferreterías (almacén de repuestos, construcción y remodelación de casas) de Guayaquil.

Antes de comenzar a vender waype, trabajaba en una textilera pero como tenia la frustrante idea de tener su propio negocio ella invirtió sus ahorros comprando retazos y convirtiéndolos en waype. Cada libra de waype los vende a $ 1.80.

Para tener mas producción ella quiere comprar mas retazos de ropa con el préstamo. En el futuro quiere terminar de construir su casa y ampliar su negocio.

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
  • $25,057,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Maria Dolores to buy fabric remnants.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 3, 2010
Jun 18, 2010
Currency Exchange Loss:
Oct 27, 2011