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Judith Aracely
Judith, 46, has a sewing shop in her living room. She lives in an urban zone called “Suburbio” that is characterized by most of its residents being informal merchants.

She started sewing gradually 15 years ago and thanks to her mother’s insistence was able to buy sewing machines and set up a shop in her living room. She makes all kinds of clothes like: shirts, blouses and dresses. Her work schedule is variable because she has a 9-year-old son who’s still in school.

She will use the loan to buy cement and paint to remodel her house to have more space for her business.

In the future she’d like her business to be larger and also to have a small stationery store.
View original language description ↓
Judith de 46 años, ella tiene un taller de confección y costura en la sala de su casa. Vive en una zona urbana llamada “Suburbio” caracterizada porque la mayoría de habitantes son comerciantes informales.

Empezó hace 15 años cociendo ropa poco a poco con la insistencia de la mama pudo comprar unas maquinas de coser y ubicar el taller de confección en la sala de su casa. Confecciona todo tipo de ropa como camisas, busas, vestido. Su horario de trabaja ahora es variado porque tiene un hijo de 9 años que todavía esta en escuela.

Con el préstamo quiere comprar cemento y pinturas para remodelar su casa y tener mas espacio para su negocio. En el futuro quiere tener mas grande su negocio y tener una pequeña papelería.

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
  • 36
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Judith Aracely for cement and paint.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2010
Listed
Sep 2, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011