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Lorena Nancy
Lorena began to have her own business because she says that the opportunities in her country are scarce. Because of this she decided to have her own business with her husband in which she works from 6am until 9pm. The business is going very well and because of this she wants to invest more in her place of business. With the loan Lorena will buy rice, oil, and fix up her place of business.
View original language description ↓
Lorena comenzó con tener un negocio propio porque dice que las oportunidades en el país están escasas. Por eso Ella decidió hacer su propio negocio junto a su esposo la cual trabaja de 6:00am hasta 9:00pm le negocio le está resultando muy bien por eso quiere invertir más en su local. Con el préstamo Lorena comprara: arroz, aceite, arreglar el local , etc.

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
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,075 helped Lorena Nancy to purchase rice, oil, and to maintain her shop.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
N/A
Expired:
Nov 30, 2012