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Lola Amada
Lola, age 46, is a hardworking woman who started working as a merchant so that she could support her children. She sells clothing and trinkets.


Lola works alone Monday through Saturdays from 10am to 5pm, delivering clothes to her customers. Occasionally she is fearful of crime whenever she has to carry merchandise or cash payments that she has received. With this loan, Lola will buy materials such as sand, cement, blocks, and various cosmetics to sell. In the future, she wants to establish a store in her home.

View original language description ↓
Lola de 46 años, es una mujer trabajadora que empezó como comerciante para subsistir y mantener a sus hijos vendiendo ropa y bisuterías.

Ella labora sola de lunes a sábados de 10H00 am a 17H00pm en la venta de ropa llevándoles a sus clientes. En algunas ocasiones le teme la delincuencia cuando lleva mercadería o dinero de las cobranzas. Con el préstamo quiere comprar materiales de construcción como arena, cemento, bloques y varias mercaderías para la venta de sus cosmeticos. En un futuro desea poner un local comercial en su domicilio.

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
  • 61
    View loans »
    Ecuador Loans Fundraising
  • $23,876,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lola Amada to purchase cosmetics and construction materials.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2011
Listed
Apr 26, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012