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Carmen Alexandra
Carmen Alexandra is 39 years old; she is a single mother with two children, ages six and two. She works hard to offer them a better life. When Carmen realized that there were not many commercial opportunities in her sector, she started her own store. She works alone in the store every day from 8:00am to 6:00pm, also working in a school sometimes.

Carmen is applying for this loan to expand her business and, in this way, help her two children finish their studies. Her dream is to finish the building of ehr home during the next five years.
View original language description ↓
Carmen Alexandra tiene 39 años y es madre soltera con dos hijos de 6 y 2 años de edad. Trabaja duro para ofrecerles una vida mejor. Al darse cuenta de que no había muchas oportunidades comerciales en su sector, ella fundó su propia tienda. Está trabajando sola en su tienda, diariamente de las 8am hasta las 6pm. Además también trabaja en una escuela.
Ella solicita este crédito para ampliar su negocio y así ayudar a sus dos hijos a que terminen sus estudios. Su sueño es de terminar su casa durante los próximos cinco años.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Carmen Alexandra to buy merchandise and sell it in her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 15, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012