Check out some available loans that are similar to this one!
Manuela Pastora
Manuela has a small warehouse in her home in Quevedo, where she sells bananas. This business is profitable for her because she has a large courtyard where she sows her produce. She has had this business for several years, but she has only recently started producing and selling banana pies. The preparation is not complicated, but it requires some physical strength. In order to make the pies, one cooks the banana in a large pot with water. Once the banana softens, it is mashed it with a rolling pin until it results in a compact, malleable mass. Then, it is stretched out on a flat surface and shaped into a circle of varying size. This is then filled with chicken, meat, or cheese, depending on preference. Before serving, it is fried in oil. Because the process is a bit long, Manuela's husband helps her with the gathering and the sales. They start at 5:00 am and work until 4:00 pm or when they run out of food. The business is successful, and so she hopes to hopes to obtain this loan. She will use it to buy sand, cement, and stones because she wants to fix up her home and improve her quality of life.
View original language description ↓
Manuela tiene en Quevedo un pequeño depósito de venta de racimos de plátanos en su domicilio, este negocio le resulta provechoso ya que tiene un patio grande en el cual siembra el producto. En el negocio lleva varios años, pero fue hace poco que tuvo la iniciativa de producir y vender empanada de plátanos. Su preparación no es complicada pero si necesita de un poco de fuerza física, para la fabricación se pone el plátano a cocinar en una olla grande con agua una vez que ablanda se lo empieza a moler con un rodillo hasta obtener una masa compacta y moldeable, luego se lo extiende por una superficie plana hasta hacer un disco que puede variar de tamaños, luego se lo rellena con pollo, carne o queso dependiendo del gusto, antes de servir se fríe en aceite. Como el proceso es un poco largo su esposo le ayuda con el amasado y venta, empiezan desde las 5 de la mañana hasta las 4 de la tarde o cuando se le termina el producto. El negocio tiene acogida por lo que espera obtener el préstamo con el cual comprara arena, cemento y piedras esto lo hace porque desea arreglar su casa y mejorar su calidad de vida.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Ecuador

  • $10,200
    Average annual income
  • 65
    View loans »
    Ecuador Loans Fundraising
  • $23,495,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Manuela Pastora to buy sand, cement, and stones.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Aug 11, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013