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Maria Emilia
Twenty eight year old Maria runs her own restaurant in Orquídeas, in northern Guayaquil. Her husband, Manuel, is a taxi driver who offers a private, on-call service in the local area; they have 2 children together who are at public school. Maria started the business because her husband's work did not cover the family expenses, so she decided to hire a unit on a large plot of land. It has been a year since then and she has many regular customers. At the moment, she doesn't have any help so she does all the preparation and serving herself. She opens for a half day from 7:30am for breakfasts until 3:00pm for lunches. She will use this loan to buy produce for preparing meals. Maria hopes to continue with her business so that she will be able to hire 2 people to help her with serving the customers, and then she will be able to divide her time better in order to spend some of it with her children.
View original language description ↓
Maria de 28 años tiene un restaurant de su propiedad ubicado en las Orquídeas, sector norte de Guayaquil. Su esposo Manuel es chofer profesional y brinda el servicio de taxi amigo en el sector, juntos tienen 2 hijos quienes estudian en la escuela fiscal. Maria empezó con el negocio porque el trabajo de su esposo no alcanzaba para cubrir los gastos personales, por lo que decidió alquilar un local en mucho lote, de esto han pasado un año y tiene varios clientes fijos. De momento no tiene ayudante por lo que la preparación y atención la realiza ella, abre solo medio día desde las 7:30 con los desayunos hasta las 3:00 de la tarde que vende los almuerzos. El préstamo lo empleara para comprar productos para la preparación de los alimentos. Maria espera seguir con el negocio para poder contratar a 2 personas para que le ayuden en su atención y así poder distribuir mejor su tiempo para pasarlo con sus hijos.

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
  • 45
    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 $1,075 helped Maria Emilia to buy rice and vegetables.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 20, 2013