Total loan: $475


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Guayaquil, Guayas, Ecuador / Retail

Maria's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped Invest in books in material to sell before the upcoming school year.

Maria's story

Maria has 4 years of experience in book sales. Previously she worked selling clothes and accessories. With that work she was able to support her children on her own: she separated from her husband 16 years ago. She began selling books on her own initiative and with the encouragement of her daughter. She works from Monday to Friday, 9 am to 1 pm and 3 pm to 5 pm en her home, where libraries and schools come to pick up the books they need.

Maria wants the loan in order to invest it in the business, since the school year starts in 2 months and she wants to have the products already bought, to ensure delivery and provide better service to her clients.

Maria is 55 years old. She has 3 children, 2 of whom live with her and help her in the business. She hopes to be able to expand her business with another line of books she is unable to buy at the moment, for lack of capital.

Translated by Erin Corcoran, Kiva volunteer.

Maria tiene una experiencia de 4 años en la venta de libros. Anterior a esto ella se dedicaba a vender ropa y bisutería con el que logro mantener a sus hijos ella sola ya que es separada de su esposo hace 16 años. Comenzaron con la venta de libro por iniciativa propia y de una hija la que le motivo a vender dicho producto. Esta labor la viene realizando de lunes a viernes en horario de 9 a.m. a 1 p.m. y de 3 a 5 p.m. en su domicilio donde recogen los pedidos de los libros que necesitan las librerías o las escuelas. Maria desea el crédito para invertir en el negocio ya que de aquí a 2 meses comienza la temporada escolar y ella desea tener el producto ya comprado y no demorarse en las entregas y con ello darle un mejor servicio a sus clientes. Maria tiene 55 años, tiene tres hijas dos de las cuales viven con ella y son las que le ayudan en el negocio. Espera poder también surtir su negocio con otra clase de libros que al momento no cuenta para la venta por falta de capital.

Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.