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Patricia Elizabeth
Patricia is 31 years old and lives in Orquídeas de Guayaquil (an urban area named after the many orchids that existed when the place was discovered). She has a restaurant where she serves traditional food.

Patricia’s mother was employed at a restaurant, so she brought her children with her to work since she did not anywhere to leave them. When Patricia became old enough, she started her own food stand. Over time she converted her business into a restaurant. Now she works every day from 5am to 2pm. Her sisters help in the kitchen while she has other employees who serve the food.

To continue her business, Patricia will use her loan to buy a freezer for keeping meats and frozen vegetables. In the future, she wants to buy a truck.

View original language description ↓

Patricia de 31 años, vive en las Orquídeas de Guayaquil (zona urbana, llamada las orquídeas porque en su descubrimiento habían muchas flores orquídeas), ella tiene un restaurante de comida típica.

La mama de Patricia era empleada de un restaurante y como no tenia donde dejar a sus hijos los llevaba con ella al trabajo, cuando Patricia creció decidió tener su propio puesto de comidas, poco a poco lo convirtió en un restaurante, ahora ella trabaja desde las 05h00am hasta las 14h00pm todos los días, sus hermanas le ayudan a cocina mientras que otras reparten la comida.

Para poder continuar con el negocio ella quiere comprar con el préstamo un congelador y así mantener las carnes y vegetales fríos. En el futuro quiere comprar una camioneta.

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
  • 57
    View loans »
    Ecuador Loans Fundraising
  • $24,312,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Patricia Elizabeth purchase a freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 8, 2010
Jul 28, 2010
Currency Exchange Loss:
Aug 19, 2011