Funded

Total loan: $975
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Rosario Margarita

Ecuador
Guayaquil (Paraiso), Ecuador / Furniture Making

A loan of $975 helped wood, nails, supplies.


Rosario Margarita's story

Rosario Cedeño is 44 years old and lives in a cement house with simple plumbing and electricity. Her house is located in Paraíso de Guayaquil. Her husband works in a wood-working shop. They have three children who are all married and working.

Rosario began saving money selling soft drinks, water, and ice cream in order to contribute to their savings for the furniture workshop that she and her husband wanted. Now, Rosario and her husband have the workshop in their home. She is still selling soft drinks, water, and ice cream. They work every day in the workshop and selling beverages. One of their greatest struggles is the rain.

With the loan, she wants to buy wood, nails, and materials for the business. In the future, she wants to start another branch of the wood-working shop.

Translator profile picture

Translated from Spanish by Kiva volunteer Emily Meinecke



Loan details

Loan length:

12 months
Disbursed date: January 7, 2010
Facilitated by Field Partner: Banco D-MIRO S.A.

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: January 7, 2010
Facilitated by Field Partner: Banco D-MIRO S.A.