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Maria Elizabeth
María, 36, lives in Libertad in a rented house because she’s not had the money to buy one. She’s been selling prepared food for 7 years in a restaurant she rents in the city market. She started the business when she moved to Libertad since her place of birth is Chimborazo where she also did the same kind of work. At the beginning it was a bit difficult for her because she didn’t know many people and change is always difficult but thanks to God she currently is very popular due to her delicious cooking.

Today, María has a well-situated restaurant, an excellent clientele and several employees that help her in the business. Her work schedule is Monday through Sunday and weekends are the busiest due to tourism. She comments that she has this pace of life because she’s single and her daughter lives in Riobamba with her father and thanks to this she dedicates all her time to her work since she is totally dependent on it.

This is María’s first loan request and she plans to use it to buy pots because hers are deteriorated, glasses, dishes, rice by the quintal, chicken and meat and to have money for the daily purchase of products she uses to prepare the food. In the future, she’d like to own a house and not pay rent any longer and to be able to earn higher profits.
View original language description ↓
Maria de 36 años vive en Libertad, la casa es alquilada ya que no ha contado con el dinero para poder comprar una. Lleva 7 años dedicándose a la venta de comida preparada en un restaurant que alquila en el mercado de la ciudad. Comenzó el negocio cuando fue a vivir a Libertad ya que su ciudad natal el Chimborazo, donde se dedicaba a la misma actividad. Al principio se le hizo un poco difícil porque no conocía a mucha gente y los cambios siempre son un poco difíciles, pero gracias a Dios actualmente goza de mucha popularidad por su sazón. Hoy en día Maria tiene un restaurant bien ubicado, una excelente clientela y varios empleados que le ayudan en el negocio. Su horario de trabajo es de lunes a domingo siendo que los fines de semana son más productivos por el turismo. Comenta que tiene este ritmo de vida porque está soltera y su hija vive en Riobamba con su papá y gracias a esto se dedica por completo a su trabajo ya que depende por completo de él. Este es el primer crédito que solicita Maria con el cual piensa comprar ollas porque las suyas están deterioradas, platos, vasos, arroz por quintales, pollos, carne y tener dinero para la compra de diaria de los productos con los cuales prepara la comida. A futuro desea tener su casa propia así no pagar arriendo y poder tener mayores ganancias.

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
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,996,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Maria Elizabeth to buy pots, dishes, rice and chicken.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 26, 2012
Jul 6, 2012
Currency Exchange Loss:
Feb 20, 2013