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Olga Elizabeth
33-year old Olga is a hardworking woman who runs a business selling morocho (a hot dessert made from corn). She started out selling from a cart helped by her sister-in-law. Then gradually sales increased and she continued with the business to help her husband with the family’s expenses.

Olga has many hopes for the future of her business so she wants to continue working. A small glass of morocho costs $0.60 and a big one $0.80.

She wishes to improve the physical state of the business so she wants to use the loan money to buy cement, sand, and paint.
View original language description ↓
Olga de 33 años es una mujer trabajadora que tiene un negocio de venta de morocho (postre caliente). Comenzó su negocio vendiendo en una carretilla con la ayuda de su cuñada poco a poco le genero ventas elevada y decidió mantener el negocio para ayudar a su esposo con los gastos de la familia.

Tiene muchas aspiraciones con su negocio por eso quiere continuar trabajado. El vaso de morocho pequeño lo vende a $ 0.60 y el grande a $ 0.80.

Quiere mejorar su negocio físicamente por eso quiere comprar con el préstamo cemento, arena, pinturas.

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
  • 74
    View loans »
    Ecuador Loans Fundraising
  • $25,019,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Olga Elizabeth to buy cement, sand, and paint.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 4, 2011
Jan 4, 2012
Currency Exchange Loss:
Jan 15, 2013