Check out some available loans that are similar to this one!
Fanny Matilde
Fanny continues with the business she started 11 years ago during a crisis in her marriage. In order to support her children she decided to sell juices, especially watermelon, throughout various sectors. When at last she gathered enough capital she started to buy clothes to resell. Currently, her older children help her to sell spending all day looking for customers. Among the items she sells are pants, shirts and blouses.

One of her biggest problems because of the type of business she has is competition and transporting her merchandise because in her sector services are still lacking and the streets are in bad shape.

She will use the loan she’s requesting to b buy merchandise to sell since she still has two children attending public school and she’d like them to finish.
Her dream for the future is to be able to open a permanent clothing store.
View original language description ↓
Fanny continua con el negocio que empezó hace 11 años después de una crisis en su matrimonio, para poder mantener a sus hijos decidió vender jugos en especial de sandia recorriendo diversos sectores, cuando por fin reunió capital comenzó a comprar ropa para vender. En la actualidad sus hijos mayores le ayudan con la venta recorriendo todo el día buscando clientes, entre los artículos que ofertan están los pantalones, camisas, blusas. Uno de sus mayores problemas por el tipo de negocio que tiene es la competencia y la transportación de su mercadería y que al sector le faltan obras y las calles están deterioradas. Con el préstamo que solicita comprara mercadería para la venta ya que aun tiene 2 hijos que estudian en el colegio fiscal y le gustaría que terminaran. Su sueño a futuro es poder abrir un almacén de ropa fijo.

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 $1,575 helped Fanny Matilde to buy clothes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 21, 2013