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Martha Consuelo
The client is from the city of Portoviejo. She started with this business due to the fact that when she came to live in what is now her home, her children were going to school and her husband was a farmer; so she saw the need to set up a business to help her husband.

She works alone, every day, from early in the morning. She is a widow and her children are all married and independent. In the future she wants to be able to see all her children close-knit and working hard until old age. Now she needs a loan to buy rice, sugar and other groceries for her store.
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La cliente es de la ciudad de Portoviejo. Empezó con este negocio debido a que cuando llegó a vivir al que ahora es su domicilio, sus hijos estaban estudiando en la escuela y su esposo era agricultor, así que vio la necesidad de poner un negocio para ayudar al esposo. Trabaja sola, todos los días, desde temprano en la mañana. Es viuda y sus hijos están todos casados e independientes. Desea poder ver, en un futuro, a todos sus hijos unidos y trabajando duro hasta su vejez. Ahora necesita el crédito para la compra de arroz, azúcar y otros 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.

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About Ecuador

  • $10,600
    Average annual income
  • 100
    View loans »
    Ecuador Loans Fundraising
  • $24,143,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Martha Consuelo to buy groceries for her store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 1, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014