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Mónica Isabel
This borrower resides in the city of Libertad. She established a clothing sales business with her brother, but she later began working on her own. The borrower works alone every day when she goes out to make sales in the afternoons. She is not married, but she has two children who attend a state school in her neighborhood. In the future, she wants to finish the construction of her house.

For now the borrower needs the money from this loan in order to buy trousers, undergarments, and other types of clothing to sell.
View original language description ↓
La cliente reside en la ciudad de Libertad. Empezó en el negocio de la venta de ropa trabajando con su hermano y luego ya emprendió por su cuenta propia. Trabaja sola cuando sale del trabajo por las tardes, todos los días. No es casada, pero tiene 2 hijos que estudian en la escuela fiscal de su sector. Desea en un futuro poder terminar de construir su casa. Ahora necesita el dinero del crédito para la compra de pantalones, interiores y demás ropa para su comercialización.

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.

Tags

About Ecuador

  • $10,600
    Average annual income
  • 45
    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 $1,600 helped Mónica Isabel to buy trousers, undergarments, and other types of clothing to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 31, 2014