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Marina Santos
Marina is 53 years old and lives in Playas canton which is one of Ecuador's tourist spots. It has a wide range of seafood. Marina is a widow and has a grown-up daughter. She owns a stationery store.

Marina started her business 11 years ago with very little money since, for one reason or another, people in her sector were requesting stationery products from her. Over time, she has had her ups and downs in her business. Some three years ago, her husband left her and, as a result, her business declined slightly. Four months ago, her husband returned but the next day he died of a heart attack. Following this tragedy, she has dedicated herself to her business 100%. She works from 7.30am to 10.00pm, with the help of her daughter.

With this loan, Marina would like to buy more products for her business such as composition books, pens and stationery to increase her income. In the future, she would like to fix up her home so that her grandchildren can live in a welcoming environment. She would also like a bigger business that can make her more money.
View original language description ↓
Marina de 53 años, vive en un cantón llamado Playas uno de los lugares turísticos del Ecuador con una diversa dimensión de mariscos. Es viuda y tiene una hija mayor de edad. Tiene una papelería.

Empezó con su negocio hace 11 años con muy poco dinero ya que por una o otra razón le pedían en el sector artículos de papelería, con el pasar del tiempo a tenido sus altas y bajas en el negocio, hace unos 3 años su conyugue la abandono y a causa de eso su negocio bajo parcialmente, hace 4 meses su conyugue regreso pero al siguiente día falleció de un infarto, despues de esa tragedia ella se a dedicado 100% a su negocio. Labora de 7H30 am a 10H00 pm con ayuda de su hija .

Con la ayuda del préstamo quiere comprar mas productos para su negocio como cuadernos, bolígrafos, papelería para aumentar sus ingresos. En un futuro quiere arreglar su casa para que sus nietos puedan vivir en un ambiente acogedor y tener el negocio mas grande para que rinda mas.

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
  • 18
    View loans »
    Ecuador Loans Fundraising
  • $22,578,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Marina Santos to buy school supplies, composition books, pens and stationery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2011
Listed
May 22, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012