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Mabel Patricia
Maribel lives in the Playas canton. She is 28 years old, married, and has four minor children. She made the decision to look for work so that her children could finish his education.

As no one offered her work, she decided to get together the money she had in order to open her own business. Her business grew, little by little, until she had a varied assortment well-stocked.

Mabel gets up at 6:00 a.m. every day. She leaves her children at school, and she then opens her business at 8:00 a.m.

She will use the loan to buy clothes, CD’s, and varied items, etc. Her goal is to have income to buy construction materials in order to improve her business and her house.
View original language description ↓
Mabel vive en el cantón playas .Ella tiene 28 años. Ella es casada y tiene cuatro hijos menores de edad. Toma la decisión de buscar trabajo para que puedan su hijos terminar de estudiar. Como nadie le daba la oportunidad de trabajar. Ella decide juntar dinero y dar apertura a su negocio propio en general. En la actualidad su negocio poco a poco creció hasta llegar a tener su negocio de ventas de artículos varios bien surtidos. Mabel todos los días se levanta 6 am. Ella sale a dejar a sus hijos en la escuela, luego abre su negocio a las 8 a m .Con el préstamo comprara ropa, Cd, varios etc. su meta es tener ingreso para así poder comprar materiales de construcción para mejorar su negocio y su vivienda.

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
  • 106
    View loans »
    Ecuador Loans Fundraising
  • $24,212,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Mabel Patricia to buy clothes, CD’s, and varied items, etc.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
N/A
Ended:
May 6, 2014