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Piedad
Piedad has 2 years of experiece with her business selling disenfectants for the home. She started the business thanks to the help of her son in law, who gave her the initial capital. She used to work doing housework but she fell ill, and was no longer able to continue with that job. Because she is a hardworking woman, she decided to look for a way to have her own business. People in the industry recommended that she sell disenfectants. This work has gone very well for her. She works every day of the week in her home and at her clients' homes (when asked) from 7 am till 10 pm.


Piedad would like the loan in order to invest the money in her business, since she doesn't have much capital and is thinking about promoting her products in new places.


Piedad is 58 years old. She is separated and lives with her son, who helps her with whatever she needs. She hopes to sell sweets out of her home in the future. She's had the sweets in mind and will being to offer them the moment she receives her loan.

Translated from Spanish by Erin Corcoran, Kiva volunteer.


Piedad tiene una experiencia de 2 años con su negocio de vender desinfectantes para el hogar. Lo comenzó gracias ha la ayuda de un yerno que fue la persona que le dio el capital para comenzar. Anterior a este ella de dedicaba a trabajar en casa pero cayo enferma y no pudo seguir realizando esa labor. Pero como ella es una mujer de trabajo decide buscar la manera de cómo tener su propio negocio y por aliento de personas del sector le proponen que se dedique a la venta de desinfectantes. Esta actividad que le ha ido muy bien lo trabaja todos los días de la semana en su domicilio y también de manera ambulante cuando se lo piden en el horario de 7 a.m. hasta las 10 p.m.


Piedad desea el crédito para poder invertir en su negocio ya que no cuenta con mucho capital y tiene demanda del producto y piensa a futuro poder ir a promocionar su producto en otro lugar.


Piedad tiene 58 años, está separada y vive con un hijo el que le ayuda en lo que ella necesita , a futuro espera poner en su domicilio también venta de golosinas, algo que tiene en mente y lo hará gracias a la ayuda que le brindaran al momento de otorgarle un crédito.

Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.

About Ecuador

  • $10,600
    Average annual income
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $375 helped Piedad invest in the products for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 24, 2007
Listed
Feb 8, 2007
Currency Exchange Loss:
N/A
Ended:
Sep 8, 2007