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Silvia Veronica
Silvia lives in the city of La Libertad, Ecuador. She began selling clothing on credit to her circle of friends and family members, and this way got other customers by referral. She is beginning to know how this business works. She has been in it for several years and currently has many customers.

She runs the business on her own, as her husband is a driver. The purpose of undertaking a loan with Banco D-Miro is to buy more women's and men's clothing.
View original language description ↓
La cliente Silvia reside en la ciudad de La Libertad – Ecuador, empezó a vender ropa a credito a su circulo de amistades y familiares, de esta manera consiguio otros clientes referidos, y es asi como empieza a conocer el comportamiento de este negocio en el que se ha mantenido varios años y actualmente tiene muchos clientes, el negocio lo atiende sola ya que su esposo es chofer. La idea de realizar el prestamo en Banco D-MIRO es comprar mas ropa de damas y caballeros.

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
  • 92
    View loans »
    Ecuador Loans Fundraising
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Silvia Veronica to buy women's and men's clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 2, 2014