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Flor Maria
Flor, 41, is a single mother who sells basic staple items in her store located at home in Milagros. She lives with her two children who are school age and attending public schools.

She opened the store when her husband abandoned her with her children and being a housewife had no work experience. She used money a relative lent her to buy basic staple items like rice, sugar, foodstuffs, oil and soft-drinks. As time went by she acquired money and more products. Five years have gone by in which she’s gained experience in sales, business administration and customer service.

Flor starts her activities in the store at 7am and goes until 8pm every day. Since she also lives there she can do this without altering her family activities which consist in helping her children with their homework.

The loan Flor is requesting is to buy foodstuffs, dairy products and cured meats hoping in future to have a well-stocked store that will produce the necessary profits to do some home improvements.
View original language description ↓
Flor es una madre soltera de 41 años que se dedica a la venta de productos de primera necesidad, la tienda está ubicada en su domicilio en Milagros. Vive con sus dos 2 hijos quienes están en la etapa escolar y estudian en instituciones fiscales. La tienda la inicio cuando su esposo la abandono con sus hijos y al ser ama de casa no tenía experiencia laboral, con un dinero que presto a un familiar compro productos de venta diaria como arroz, azúcar, viveras, aceite, colas. Pasando el tiempo empezó a reunir dinero y adquirir más productos, de eso ha pasado ya 5 años en los cuales ha ganado experiencia en ventas, administración de su negocio y atención al público. Flor inicia sus actividades en la tienda a partir de las 7 de la mañana hasta las 8 de la noche todos los días, como vive ahí mismo lo puede hacer sin alterar sus actividades familiares que consisten en ayudar a sus hijos con las tareas. El crédito que solicita Flor es para la compra de víveres, lácteos, embutidos esperando a futuro que su despensa esta surtida y así tener la utilidad necesaria para realizarle arreglos a 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
  • 35
    View loans »
    Ecuador Loans Fundraising
  • $23,432,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Flor Maria to buy merchandise to stock her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2012
Listed
Jul 6, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013