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Cecilia Elizabeth
Cecilia lives in Las Orquídeas. She is 48 years old, married, and has two minor children. She made the decision to look for work in order for her children to continue their education.

As no one gave her the opportunity to work at a business, she decided to get together money in order to open her sewing business.

Her business has grown little by little, and she now has clientele. Cecilia works alone in her business every day. She heads to work at 6:00 a.m. after leaving her children at school.

She will use the loan to buy fabric, clothes, and various items. Her goal is for her children to finish their education and to have income to improve her business and her house.
View original language description ↓
Cecilia vive en las Orquídeas. Tiene 48 años. Esta casada .tiene dos hijos menores de edad. Ella Toma la decisión de buscar trabajo para seguir con la educación de sus hijos y Como nadie le daba la oportunidad de trabajar en una empresa. Ella decide juntar dinero para dar apertura a su negocio de costura en general En la actualidad su negocio poco a poco creció hasta llegar a tener una clientela Cecilia trabaja en su negocio solo diariamente, ella se dirige a su trabajo a las 6 am de la mañana a dejar a sus hijos a la escuela. Con el préstamo comprara tela, ropa, varios, etc. su meta es que sus hijos termine sus estudio tener ingreso 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

  • $10,200
    Average annual income
  • 40
    View loans »
    Ecuador Loans Fundraising
  • $23,143,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Cecilia Elizabeth to buy fabric and clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 10, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 25, 2014