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Laura Elizabeth
Laura has operated a corner grocery in Bastion Popular, a northern neighborhood of Guayaquil, for 9 years. The neighborhood was just developing when she started the business and she has known many of her customers for all the years since then. She started the business after she married because she and her husband had big plans for the future and she wanted to do her part to carry them out. Laura works every day from 6:00 in the morning until 10:00 at night. She sells everyday products--rice, sugar, cold drinks, etc.--and she is applying for a loan that she will use to stock her business. For the future, she wants to improve her house, plastering the parts of the house that haven't been plastered.
View original language description ↓
Laura continúa con la tienda de víveres la cual abrió hace 9 años, está ubicada en Bastión Popular sector del norte de Guayaquil. Cuando inicio su negocio su barrio estaba en pleno crecimiento por lo que tiene clientes que los conoce de mucho tiempo. Ella inicio su tienda para ayudar a su esposo cuando recién se casaron ya que tenían muchos planes de futuros los cuales poco a poco se han ido materializando. El negocio lo atiende sola desde las 6 de la mañana hasta las 10 de la noche todos los días, vende productos de primera necesidad como arroz, azúcar, colas, víveres, etc., productos que desea aumentar con el crédito que está solicitando. A futuro su sueño es arreglar su casa ya que no está enlucida en su totalidad.

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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $625 helped Laura Elizabeth to stock her grocery business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Aug 26, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 20, 2013