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Margot Marisol
Margot, 39, lives in Fortín de Guayaquil (a periurban area with unpaved streets and eroding hillsides). She has had a grocery store for over 15 years that provides support for her two children.

She started out selling rice, sugar and canned goods to acquaintances and neighbors in order to make enough money. When her children return home from school they help her tend to the store and once they finish their homework they watch the store while she prepares the meal. She is open for business from 6:30am until 9pm, Monday through Friday.

To increase her stock inventory, she wants to use the loan to buy rice, pasta and canned goods.

In the future she’d like to buy a piece of property to move her store into a better neighborhood.
View original language description ↓

Margot de 39 años, vive en el Fortín de Guayaquil( zona periurbana, con caminos de tierra y lomas en disolución), ella tiene una tienda de víveres, desde hace 15 años atrás para poder mantener a sus dos hijos.

Ella empezó a vender arroz, azúcar y enlatados a sus conocidos y vecinos para tener dinero suficiente, cuando sus hijos llegan de la escuela le ayudan atender la tienda y después de hacer los deberes ellos se encargan hasta que termina de hacer la comida desde las 06h30 hasta las 21h00pm de lunes a viernes.

Para poder incrementar su tienda quiere comprar con el préstamo arroz, fideos y enlatados, en el futuro comprar un terreno para trasladar su tienda a un mejor sector.

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
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Margot Marisol for rice, pasta, beverages.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2010
Listed
Jul 16, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 20, 2011