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Nancy
Nancy lives in Las Orquídeas. She’s 46-years-old, divorced and has two children. As a result of her separation from her ex-spouse she decided to seek work to continue forward with her children’s education. Since no one in a firm would hire her, she decided to use money she’d saved to open her business which is a grocery and general store. Her sales have gradually increased and now she has the necessary clientele. Nancy works daily alone. She works from early in the morning. She will use the loan to buy rice, oil, etc. Her goal is to finish building her house and that her store is larger.
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Nancy vive en las orquídeas. Tiene 46 años. Es divorciada y tiene dos hijos. Ella a raíz de su separación de su ex pareja tomo la decisión de buscar trabajo para seguir adelante con los estudios de sus hijos. Como nadie le daba la oportunidad de trabajar en una empresa. Ella decide juntar dinero que tenia para dar apertura a su negocio que es tienda y bazar En la actualidad sus ventas poco a poco creció hasta llegar a tener clientela necesaria. Nancy trabaja diariamente sola. Ella trabaja desde la mañana en su negocio .Con el préstamo el comprara arroz , aceite , varios, etc. su meta es poder terminar su casa que su tienda sea más grande.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Nancy to buy rice, oil, etc.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 7, 2014