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Derma De Lourdes
Derma is 56 years old and she makes decorations and keepsakes made from mastic for gatherings and parties. She lives in El Guasmo, a sector of Guayaquil characterized by the fact that the majority of its inhabitants are merchants.

When she became a widow with her three children, she decided to make her own money by making mastic-based figured for parties and decorations. She started to make a name for herself among many people and began to make money by making all types of decorations. She works from home making the decorations by request. Her daughter helps her at times when she has too much work.

With the loan, she wants to buy mastic and equipment for making more decorations. In the future, she wants to continue working in this business and wants her business to be well-known to secure her retirement.

View original language description ↓
Derman de 56 años, hace decoraciones y recuerdos de masilla para reuniones, fiestas. Vive en el Guasmo de Guayaquil lugar caracterizada porque la mayoría de habitantes son comerciantes.

Cuando se quedo viuda con sus tres hijos decidió tener su propio dinero haciendo muñecos a base de masilla para fiestas y decoraciones, dándose a conocer a muchas personas comenzó a obtener dinero haciendo decoraciones de todo tipo. Trabaja desde su casa haciendo los adornos por pedido en ocasiones su hija le ayuda cuando tiene demasiado trabajo.

Con el préstamo quiere comprar masilla y equipos para hacer mas adornos. En el futuro quiere seguir trabajando en su negocio, y que su negocio sea bien conocido para asegurar su vejez.

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
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $25,071,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Derma De Lourdes mastic, equipment.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 28, 2010
Oct 23, 2010
Currency Exchange Loss:
Nov 15, 2011