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Elena
Elena, 57 (Duran, Guayaquil). She decided to go into this business because it’s a good way to have money to give her children what’s necessary. The business is selling lunch; she likes it and does well thank God. She works every day with her husband and she has four children. The difficulty she faces is crime. In the future she hopes to have a big business and to have her house in good condition. She will use the loan to buy a freezer.
View original language description ↓
Elena de 57 años vive (duran Guayaquil). Ella decidió entrar a este negocio porque es una buena manera de tener dinero para poder darles lo necesario a sus hijos. Este negocio que es el de vender almuerzo le gusta y le va bien gracias a Dios. Trabaja todos los días con su esposo tiene 4 hijos. La dificultad que tiene es la delincuencia . A futuro anhela tener su negocio grande y tener su vivienda en buen estado. Con el préstamo comprara (congelador)

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
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Elena to buy a freezer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
May 2, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013