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Solanda Piedad
Solanda is 44 years old and a single mother with two children. The older one goes to school at a place near their home, and the younger is very small and therefore doesn't yet attend school. She began a business at the time that she separated from the children's father. She currently runs a small variety shop. She runs her business by herself and she works from 8:00am until 10:00pm.

She says that in the beginning, her area was full of petty crime and there was very little business for her shop, but little by little these conditions have improved and now things are going quite well, and her dream is to expand her offerings to satisfy the needs of her customers who come to shop at her store each day. Her dream is to make repairs to her home and give her child a better future. With this loan, she hopes to buy more goods for her shop, like paper, stickers, etc.
View original language description ↓
Solanda tiene 44 años de edad es madre soltera tiene 2 hijos el mayor estudia en una escuela cercana a su casa y el menor es muy pequeño por lo que no estudia. Ella comenzó su negocio a raíz de la separación del padre de su hijo. En la actualidad Solanda tiene un bazar. Ella Atiende su pequeño negocio sola. Ya que comienza a trabajar desde las 8.00am hasta las 10.00pm. Ella cuenta que al principio su zona era de mucha delincuencia y no había mucha productividad para su negocio pero poco a poco ha ido mejorando esas condiciones pues ahora le va muy bien en su negocio y su sueño es ampliarlo más para poder satisfacer las necesidades de sus consumidores que dio a día le compran en su bazar. Su sueño es arreglar su vivienda y darle un futuro mejor para su hijo. Con el préstamo quisiera comprar artículos para el bazar, papeles, láminas, 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
  • 68
    View loans »
    Ecuador Loans Fundraising
  • $24,577,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Solanda Piedad to buy items for her shop, like papers, stickers, notebooks, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 11, 2012
Dec 1, 2012
Currency Exchange Loss:
Nov 21, 2013