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Verónica Yenicia
This client is from Portoviejo. She started out selling ‘corviches’ [fish-filled, deep-fried banana balls] because she had no one to help her support her children. She’d make them at home and her children would sell them. She now has a small locale and she’s open from 3-8pm. She’s a single mother of three children who are 16, 9 and 7 years of age. The oldest attends secondary school and the younger ones attend the local public school. She wants to use the loan to buy tables and chairs and to install a bathroom in her café.
View original language description ↓
La cliente es de Portoviejo. Empezó hace 3 años vendiendo corviches, ya que no tenía apoyo de nadie para mantener a sus hijos. Los elaboraba en su casa y sus hijos los vendían. Actualmente ya tiene su pequeño local en el cual atiende de 3 a 8 pm. Es madre soltera y tiene 3 hijos de 16, 9 y 7 años; el mayor va al colegio y los menores a la escuela fiscal. Desea invertir el crédito en la compra de mesas, sillas y la adecuación de un baño en su local.

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.

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About Ecuador

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Verónica Yenicia to buy tables, chairs and to equip the bathroom.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 20, 2014