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Monica Lucia
Mónica lives in the Fortín sector of the city of Guayaquil, Ecuador. She started her business activity by selling grilled wings, then grilled meat skewers and roasted corn. She finally set up a variety store, which she has had for five years. She works from 6:30 a.m. until 8:00 p.m.

The loan is to buy notebooks, pencils, and other school supplies. Mónica’s dream for the future is to have a bigger business that is able to generate the financial resources needed to pay for the family’s expenses.
View original language description ↓
Mónica reside en el sector del Fortín que pertenece a la ciudad de Guayaquil – Ecuador, inicio sus actividades con la venta de alitas asadas, luego chuzos / choclos asados y finalmente implemento un bazar el mismo que funciona desde hace cinco años, el mismo funciona desde las 6:30 hasta las 20:00, el préstamo será destinado a la compra de cuadernos. Lapices y demás artículos escolares, el sueño que tiene Mónica para el futuro es tener un negocio mas grande que pueda generar los recursos financieros necesarios para solventar los gastos de la familia.

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
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $23,146,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Monica Lucia to buy variety items, especially school supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 2, 2014