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Laura Elizabeth
Laura lives in Las Orquídeas, north of Guayaquil. She's 51 years old and married to Antonio, who's a professional driver. Together they have four children, but three of them are adults and only the youngest one lives with them. She runs a grocery store from her home where she sells essential household goods. The business started 19 years ago, when she separated from her husband and, since she didn't work, she needed money to support her children. She started out small, but little by little she began saving up money and expanding the store. She also sells fast food which is very well-received. In the beginning there were complications in both businesses, because she wasn't familiar with them, but gradually she learned and now she's an excellent businesswoman. Thank God she saw the results from her efforts, since she got back together with her husband and she keeps her business afloat. Among the merchandise she sells are provisions, soft drinks, dairy, rice, sugar, flour, bread, etc. - a little of everything, so she can provide variety. The loan that Laura requests is for purchasing goods in hopes of saving the capital she needs to finish building her house.
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Laura vive en las Orquídeas al norte de Guayaquil. Tiene 51 años y está casada con Antonio quien se chofer profesional, juntos tienen 4 hijos pero 3 son mayores de edad solo la menor vive con ellos. Ella tiene una despensa en su domicilio en la que vende productos de primera necesidad para el hogar. El negocio lo empezó hace 19 años cuando tuvo una separación de su esposo, al no trabajar necesitaba dinero para la mantención de sus hijos. Inicio con algo pequeño pero poco a poco empezó a reunir dinero y fue ampliando la despensa. También vende comidas de rápida preparación la cual tiene mucha acogida. En un principio ambos negocios se le complicaron ya que no tenía conocimiento de ello pero fue aprendiendo y ahora es una excelente negociante. Gracias a Dios vio el fruto de sus esfuerzos ya que regreso con su esposo y mantiene su negocio a flote. Entre los productos que comercializa están los víveres, colas, lácteos, arroz, azúcar, harinas, panes etc. tiene de todo un poco para brindar variedad. El préstamo que solicita Laura es para la compra de productos esperando reunir el capital que necesita para terminar la construcción de su casa.

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

  • $10,200
    Average annual income
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Laura Elizabeth to purchase provisions, soft drinks, dairy, rice, sugar and flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013