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Marjorie Del Rocio

Update on Marjorie Del Rocio

Marjorie, 33, with God’s help has managed to get ahead with her business. To date, she’s been able to enlarge her small stationery and sweet shop adding gift items to sell. To date, her problem continues to be crime since the neighborhood she lives in is dangerous. She wants to use the loan to buy stationery items, sweets, etc. She continues happily married and, thanks to God, her children are well and continue studying. With the loan she gets she wants to continue expanding her business more.
View original language description ↓
Marjorie de 33 años, con la ayuda de Dios a podido salir adelante en su negocio, hasta ahora a podido agrandar mas su pequeña papelería y confitería, vendiendo artículos de bazar.

Hasta ahora su problema sigue siendo la delincuencia ya que el sector en que vive es peligroso.

Con el prestamo quiere comprar papeleria, confiteria etc. Sigue felizmente casa y gracias a Dios sus hijos están bien y siguen estudiando. Con el préstamo que adquiera quiere seguir ampliando mas su negocio.

Previous Loan Details

Marjorie is 33 years old. She set up her stationery store 10 years ago so that she could help with her family's expenses. She started by selling exercise books, pens and paper to her neighbors and acquaintances. She was able to make enough money to set up a small stationery store and so she ad... More from Marjorie Del Rocio's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Ecuador

  • $10,600
    Average annual income
  • 57
    View loans »
    Ecuador Loans Fundraising
  • $24,312,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Marjorie Del Rocio to buy gift items, stationery items and sweets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 23, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012
This photo was used before for a previous loan for Marjorie Del Rocio. It was first posted on Kiva on Dec, 2010. Learn More