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Raquel  Marlene
Raquel lives in the city of Quevedo in the province of Los Ríos. She's thirty-four and divorced with four children who go to a local public school. She always wanted to have her own business. A few years back she was traveling around selling morocho [a drink made of milk and corn] on the streets, but then, with her prior loan, she bought a cart and now she has a morocho stand. She works by herself seven days a week from five in the morning til ten at night. She wants to use this loan to buy pots and ingredients for making morocho. Her dream is for the business to keep growing so she can give her children a better life.
View original language description ↓
Raquel vive en la ciudad de Quevedo de la provincia de Los Ríos, tiene 34 años de edad es divorciada tiene 4 hijos que asisten a una escuela pública del sector. Ella siempre quiso tener su negocio propio es por eso que hace algunos años atrás ella recorría vendiendo morocho en calles pero con el préstamo anterior se compro su carreta y ahora tiene un puesto de venta de morocho. Ella trabaja sola de lunes a domingo de 5 de la mañana hasta las 10 de la noche .Con el prestamo quiere comprar ollas y ingredientes del morocho. Su sueño es que su negocio siga creciendo para poder darle una mejor vida sus hijos

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
  • 34
    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 $775 helped Raquel Marlene to buy pots and ingredients to make morocho [a drink made of milk and corn].
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 21, 2013