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Carmen Magdalena
Carmen lives in Orquideas. She is 36 years old. She is single and does not have any children. Carmen made the decision to look for work to get ahead and excel. Since no one gave her the opportunity to work in a business, she decided to save up her money to open her own store. Carmen’s sales have grown little by little until she now has enough customers. She does not have a set work schedule. With the loan, Carmen will buy various cosmetics, soaps, nail polishes, etc. Her goal is to have her own business downtown and to have the health to continue working.
View original language description ↓
Carmen vive en orquídeas. Tiene36 años. Es soltera no tiene hijos. Ella toma la decisión de buscar trabajo para seguir adelante y superarse. Como nadie le daba la oportunidad de trabajar en una empresa. Ella decide juntar dinero que tenia para dar apertura a su negocio de comercio en general. En la actualidad su ventas poco a poco creció hasta llegar a tener clientela necesaria. Ella trabaja sin horario .Con el préstamo comprara cosméticos ,jabones , esmaltes, varios, etc. su meta es tener su negocio en el centro de la ciudad y tener salud para seguir trabajando

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
  • 86
    View loans »
    Ecuador Loans Fundraising
  • $25,054,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Carmen Magdalena to buy various soaps, cosmetics, nail polishes, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 26, 2013
Jan 18, 2013
Currency Exchange Loss:
Feb 25, 2014