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Luisa Piedad
Luisa began with a crate selling paper and order forms in the downtown of the city. Little by little her income improved. She managed to put in a store in the front part of her house. With the help of her daughter, who is her right hand in the business, she works from 8:30 a.m. until 10 p.m. They do binding, laminating, printing, phone cards, and computing.

One of her difficulties is the physical space in her place. Luisa has four children but all are adults. She has many hopes for her business. This is why she's going to buy paper and office supplies. One of her goals is to leave the business stable for her children and grandchildren.
View original language description ↓
Luisa comenzó con un cajón vendiendo en el centro de la ciudad papelería y notas de venta. Poco a poco fue mejorando sus ingresos. Consiguió tener un local en la parte delantera de su casa ya que con la ayuda de su hija que es su mano derecha en el negocio trabaja en el horario de 8:30am a 22:00pm realizan anillados, plastificados, impresiones, recargas y cyber.

Unas de sus dificultades es el espacio físico del local. Luisa tiene 4 hijos pero todos son adultos. Tiene muchas aspiraciones en el negocio por eso con el préstamo va a comprar papelería, suministros de oficina . Unas de sus metas es dejar estable el negocio para sus hijos y nietos.

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
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Luisa Piedad to buy paper and office supplies.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013