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Melida Betty
This borrower is from the city of Libertad. She started her business some time ago when she realized that there were no grocery stores that existed in her neighborhood. She works every day through her own initiative. The borrower is single and has no children. She wants to grow her business even more in the future.

For now, she needs to invest the money from this loan in merchandise and groceries for her store.
View original language description ↓
La cliente es de la ciudad de Libertad. Empezó este negocio dado que se percató tiempo atrás que en su barrio no existía una tienda de abarrotes. Trabaja todo el día, por su propia cuenta. Es soltera y no tiene hijos. Desea poder crecer mucho más con su negocio en el futuro. Ahora necesita invertir el dinero del préstamo en productos y abarrotes para su tienda.

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
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Melida Betty to buy merchandise and groceries for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 25, 2014