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Mercy Marivel
This borrower lives in the Fortín sector of Guayaquil. Her story began some time ago when she received a government subsidy. Along with some of her savings and a loan that she requested sometime later, the borrower was able to open her business. She works alone throughout the day. The borrower is a single mother and has three-year-old twin daughters. She dreams of growing her business even more so that it becomes the most recommended store in her area.


For now, she needs to invest a loan in groceries (rice, sausages, and meat) for her business.

View original language description ↓
La cliente es del sector de Fortín en Guayaquil. Emperzó tiempo atrás cuando recibía el bono solidario, juntó unos ahorros y luego solicitó un crédito para montar su negocio. Trabaja sola durante el día. Es madre soltera y tiene mellizas de 3 años. Sueña con poder crecer aún más con su negocio y de esa forma llegar a ser la tienda de referencia en la zona donde vive. Ahora necesita invertir el crédito en abarrotes (arroz, embutidos y carne) para su negocio.

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
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Mercy Marivel to buy groceries for her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 2, 2014