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Martha Magdalena
The client lives in the city of Machala. She started the business with help from her late husband some time ago. Together they were able to set up the store that’s still in operation today. She and her son keep it going. He attends the local public school. She needs the money from the loan to buy food and household items.
View original language description ↓
La cliente reside en la ciudad de Machala, inició su negocio con la ayuda de su difunto esposo tiempo atrás. Ambos lograron montar la tienda que hasta la actualidad, tanto ella como su hijo mantienen funcionando. El estudia en la escuela fiscal del sector. Necesita el dinero del préstamo para la compra de productos de consumo y de bazar.

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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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD