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Yolanda Monica
Yolanda lives in Isla Trinitaria: here she pays rent for a shop where she sells fruits. This is a family activity and she has been engaged in it for various years, working alone because her husband travels around town selling their products. She has started this activity with her husband thanks to a loan received from a family member, and she engages in her job with great energy and determination in order to progress in life. She sells every kind of fruit in her shop, such as oranges, watermelons, papayas and bananas; she also prepares fruit salads and natural juices on demand. She works there all day long, as she has no children. The loan she is requesting will be used to buy fruits, colas, rice, canned food, sugar, coffee and other products as she wants to stock up her inventory in order to open a store by taking advantage of some free space in her locale. Her biggest dream is to succeed in buying a van so that buying items will be easier for her and she will be able to offer fresher products.
View original language description ↓
Yolanda vive en Isla Trinitaria donde alquila un local para su negocio el cual es la venta de frutas. Esta actividad es familiar y se dedica a ella desde hace varios años trabajando sola porque su esposo recorre la ciudad con la venta. El negocio lo empezó junto a su esposo con el préstamo a un familiar dedicándole todo su esfuerzo y persistencia para salir adelante. En su local ofrece toda clase de frutas como naranjas, sandias, papayas, plátano o si desean ensaladas de frutas y jugos naturales pasa todo el día ya que no tiene niños. Con el préstamo va a comprar frutas, colas, arroz, enlatados, azúcar, café etc., quiere surtir aprovechando el espacio para empezar una tienda. Su mayor sueño es poder comprar una camioneta así la compra sería más fácil y ofrecería productos más frescos.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Yolanda Monica to buy fruits, colas, rice, canned food, sugar, coffee and other products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2013