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Maximina Esperanza
Maximina, 55 years old, decided to be an informal merchant, to be able to help her husband with the responsibility for the family that he bore as the only earner in the family. She lives in Perimetral, on the city's edge, and has long been known by distinct persons as a rice merchant.

Maximina carries out her work by buying rice in Daule canton, where the majority of farmers sell their harvests directly to merchants. She buys each sack of rice for $30, or at $25 wholesale.

To promote sales, she wants to use part of the loan to buy rice, then the majority to upgrade her home, since the rainy season is approaching. She will buy cement and blocks. In the future, Maximina wants to purchase a van so she can have sales mobility.
View original language description ↓
Maximina de 55 años, decidió ser comerciante informal para poder ayudar a su esposo con la carga familiar que ha tenido ya que él era el único que mantenía el hogar. Viviendo en una zona periurbana llamada Perimetral ella ha sido conocida por distintas personas como comerciante de arroz.

Su trabajo lo ha venido realizando comprando en un cantón llamado “Daule” ya que en ese lugar la mayoría de los agricultores venden sus sembríos a los comerciantes. Cada saco de arroz los comprar a $ 30.00 y si los comprar al por mayor los comprar a $ 25.00.

Para seguir con su comercialización ella quiere comprar con el préstamo arroz y dedicar la mayor parte del dinero a readecuar su casa porque ya se acerca la temporadas de lluvias comprando cemento, bloques. En el futuro quiere comprar una camioneta para tener más movilidad en sus ventas.

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
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,292,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maximina Esperanza tO BUY CEMENT AND BLOCKS FOR HOME REPAIRS, AND RICE TO SELL.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 9, 2010
Dec 11, 2010
Currency Exchange Loss:
Nov 15, 2011