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Reyna Maribel
Reyna is 32 years old. She is a single mother. She has a 12 year old son who studies at a public high school in the city of Guayaquil. Reyna had not had a a stable job ten years ago. She decided to start her own business since she has cooking skills. She opened a canteen in her home selling food. Currently, she works from Monday to Friday from six in the morning until nine in the evening. With this loan, she wants to purchase rice, oil, and to also repair the business location. Her dream for the future is to purchase a van in order to deliver food orders to faraway places. She also has a goal of converting her canteen into a well-known restaurant that sells typical foods from Ecuador.
View original language description ↓
Reyna tiene 32 años de edad es madre soltera tiene 1 hijo de 12 años que estudia en un colegio público de la ciudad de Guayaquil. Reyna a falta de un trabajo estable hace 10 años, toma la decisión de ponerse un negocio propio ya que María tiene habilidades para cocinar abrió un comedor en su casa pues vende comida. En la actualidad ella trabaja de lunes a viernes desde las 6:00am hasta 21:00pm. Con el préstamo ella quiere comprar arroz, aceite y también arreglar el local etc. Su meta a futuro es comprarse una camioneta para poder realizar su entrega de comida a lugares lejanos, y también que su comedor se convierta en un restaurante muy reconocido por vender comidas típicas del Ecuador.

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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Reyna Maribel purchase rice, oil and repair the business location.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 19, 2013