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Magdalena Maggi
Magdalena, 39, lives in Guayaquil. She started her business buying personal use items and gradually noticed that she could invest more in the business and that’s when sales started to increase. She currently sells items for the home like sheets and curtains. She works with her mother every day from 1pm until 6pm. The difficulty she faces is crime because she’s afraid of having her goods stolen. She’s single and has no children yet; she still lives with her mother and she works both to cover home and personal expenses. She wants to use the loan to buy sheets and curtains to sell. Her dream is to have more products to offer her customers.
View original language description ↓
La Sra. Magdalena vive en Guayaquil, tiene 39 años de edad. Ella empezó su negocio comprando artículos para uso personal, debido a esto poco a poco se fue dando cuenta que podría invertir más en el negocio y así es como empezó creciendo en sus ventas.

En la actualidad sigue en la venta de artículos para el hogar como sabanas, cortinas. Realiza el trabajo junto a la mamá todos los días de 1:00 de la tarde hasta las 6:00 de la tarde. La dificultad que tiene es la delincuencia debido a que gana bien teme que le vayan a robar sus productos.

Es una mujer soltera, no tiene hijos aun vive con la mamá y ella trabaja para los gastos del hogar y para beneficio propio.

Con el préstamo quiere comprar sabanas y cortinas para vender. Su sueño es tener más productos para ofrecer a sus clientes.

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
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $25,028,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Magdalena Maggi to buy sheets and curtains.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 22, 2013
Mar 15, 2013
Currency Exchange Loss:
May 6, 2014