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Raquel De Fatima
Raquel is 55 years old. She has a tailoring shop. She is a single mother and she lives in the region of Primavera de duran (a suburban region located farther than Guyaquil).

She started her business because she needed to cover the family's expenses. She started making clothes and soon she was able to purchase a sewing machine. She works every day to complete the orders she receives. With the loan she requests she will pruchase a sewing machine to complete her projects faster.

In the future she hopes to expand her business and purchase more sewing machines and increase her production.
View original language description ↓
Raquel de 55 años, ella tiene un taller de costura, es madre soltera y vive en Primavera de Duran (zona periurbana, con una ecología en disolución a las afuera de Guayaquil).

Inicio con el negocio porque necesitaba solventar los gastos de su familia, comenzó a coser ropa y poco a poco pudo comprar una maquina de coser. Trabaja todos los días hasta que termine todos los pedidos de ropa. Con el préstamo comprar una maquina de coser para tener mas producción de ropa.

En el futuro quiere incrementar su negocio y comprar mas maquinas para tener mas producción de ropa.

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
  • 20
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Raquel De Fatima to purchase a sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Aug 27, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 30, 2011