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Luz
Luz G., born in Bahia de Caráquez, has lived in Guayaquil, Ecuador for 10 years now with her parents and brothers. She is 44 years old and has two children. Luz’s business sells household items and candy, and it is run out of her house. She has been in business for 15 years and works from 6:00 am until 8:00 pm. When her husband is not driving his taxi, he helps out with the business. Luz would like an $800 loan so that she can buy a display case and buy products that her clientele requests. Ms. G. and her husband demonstrated that they can run an efficient business and that they have a proper understanding of financial management. Luz reports that she does not want to be forced to borrow from a loan shark because they charge outrageous interest rates and impede the progress of her business.

About Ecuador

  • $10,200
    Average annual income
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $23,539,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Luz purchase inventory for household item market.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 27, 2006
Listed
Aug 10, 2006
Currency Exchange Loss:
N/A
Ended:
Oct 14, 2006