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Narcisa De Jesus
Narcisa, 50, has a small grocery store in the front part of her house. She lives in El Fortín, Guayaquil, an area noted for its unpaved streets and informal merchants.

Due to the lack of employment opportunities she used her savings to buy foodstuffs to sell because she had to support her children since she’s a single mother. Since then and to this date she works every day from 8am until 9pm. She sells rice by the pound, sugar, cooking oils, vegetables, etc.

To continue with her business and stock it better she needs to use the loan to buy rice, cooking oils and sugar.

In the future she’d like to finish building her house and stock her store better.
View original language description ↓
Narcisa de 50 años, tiene una pequeña tienda de víveres en la parte delantera de su casa. vive en el Fortín de Guayaquil una zona caracterizada por sus caminos de tierra y comerciantes informales.

Por la falta de oportunidades ella invirtió sus ahorros en víveres para vender ya que tenia que mantener a sus hijos porque es madre soltera, desde ese tiempo hasta ahora trabaja desde las 08h00am hasta las 21h00pm todos los días, vende arroz por libra, azúcar, aceites, verduras etc.

Para seguir con su negocio y poderlo surtirlo mas ella quiere comprar con el préstamo arroz, aceites, azúcar. En el futuro quiere terminar de construir su casa y surtir mas su negocio.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,545,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Narcisa De Jesus for rice, cooking oils and sugar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2010
Listed
Sep 20, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011