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Elba Esperanza
Elba is 40 years old and lives in Quevedo, Ecuador. She had a good job but because of her father's health situation, she had to leave her job to take care of him. Finding herself in a bad economic situation, she decided to start selling leather purses. She does this on her own and it leaves time for her to care for her father. She is a single mother with one six-month old son. In the future, she longs for her father to still be alive and to improve her business. She will buy patterns, leather, and thread with this loan.
View original language description ↓
Elba de 40 años vive ( Quevedo ecuador ).ella tenia un buen trabajo pero por la situación de la enfermedad del papa tuvo que salir para poder cuidarlo . al ver que se estaba quedando en una mala situación económica decidió entrar a las ventas de cartera de cueros .ella las hace sola y le da tiempo de cuidar a su padre . trabaja sola es madre soltera tiene 1 hijo de seis meses de nacido, a futuro ella anhela que su psdre este con vida y mejorar su negocio . con el préstamo comprara ( plantillas, cuero, hilos).

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
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,134,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Elba Esperanza to buy patterns, leather, and thread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2012
Listed
Apr 10, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013