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Olga Cristina
Olga, 59, sells fish. She lives in Las Orquídeas, Guayaquil. She has two adult children that help her with the business.

She started out selling “encebollados” from a cart along Orquídeas’s streets. (The base of this seafood soup is called “sofrito” and is a pungent mix of tomatoes, onions, cumin, chili and cilantro. The protein element and foundation for the stock is tuna. The starch element is yuca a starchy root vegetable that requires time to cook down the coarse threads found within its stalk. The result is a delicious aromatic savory and spicy soup that is traditionally topped with pickled onions and tomatoes.)

Gradually, with much effort, she was able to rent a locale for her business. She is now open for business selling encebollados from 7am until 6pm every day.

She wants to use the loan to buy fish and onions to make more encebollados and in the future would like to have a second locale and to have permanent employees.
View original language description ↓
Olga de 59 años, ella tiene un local de venta de pescados, vive en las Orquídeas de Guayaquil, tiene dos hijos ya mayores de edad que le ayudan en el negocio.

Ella empezó vendiendo encebollados (plato típico del Ecuador, llena pescados, cebolla) en una carreta recorriendo las calles de las Orquídeas, poco a poco con esfuerzo pudo alquilar un local para su negocio. Ahora ella trabaja vendiendo encebollados desde las 07h00am hasta las 18h00pm todos los días.

Ella quiere comprar con el préstamo pescados y cebollas para hacer mas encebollado en su negocio, en el futuro quiere tener otro local y tener empleados fijos.

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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Olga Cristina to buy fish and onions.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Aug 20, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 30, 2011