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Marjorie Raquel
Marjorie is 35, and lives with her family in the city of Milagro. Angel, Marjorie's husband, has 22 years experience as an electrician in a workshop. She has two small children who go to school.

Before having a business, she worked as a sales clerk, but the salary she received was not enough to cover her expenses. For that reason she decided to open her grocery store. It is located in her home, and she named it "La Económica”. She sells convenience products for daily use.

Marjorie opens her store every day from 7:00 in the morning to 8:00 at night. She opens early as she has customers at that time of day. With the loan, she hopes to buy rice, sugar, cleaning products, etc., hoping for more sales so that her business grows.
View original language description ↓
Marjorie de 35 años vive junto a su familia en la ciudad de Milagro. Angel el esposo de Morjorie tiene 22 años desempeñándose como electricista en un taller. Tiene 2 hijos pequeños que asisten a la escuela. Antes de tener su negocio trabajaba como dependiente pero el sueldo que recibía no le alcanzaba para cubrir sus gastos, por ese motivo decidió abrir su tienda de abarrotes. Se encuentra ubicada en su domicilio y como nombre le puso “la Económica” vende productos de fácil distribución y que se consumen diariamente. Marjorie abre todos los días desde las 7 de la mañana hasta las 8 de la noche, abre temprano ya que tiene cliente en esas horas. Con el préstamo espera comprar arroz, azúcar, productos de limpieza etc., esperando mas ventas para que su negocio crezca.

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
  • 57
    View loans »
    Ecuador Loans Fundraising
  • $24,312,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $850 helped Marjorie Raquel to buy rice, sugar and cleaning products.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Apr 28, 2012
Jun 4, 2012
Currency Exchange Loss:
Jul 4, 2012