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Angela Marilu
Ángela is 20 years old and lives in an urban area called Guasmo de Guayaquil, where she has a small business. One of her economic activities is making handicrafts from Fomix (a type of crafting foam).

She began to make foam dolls when she graduated from high school; she was able to start working for a company because of her good personal references. She now has her own business, and continues to supply her crafts to various companies. She has a comfortable working schedule that allows her to dedicate time to her studies. The crafts she makes are for specific events like parties, birthdays, etc.

With this loan, she wants to buy Fomix and foam for more handicrafts so that she can continue to grow her business. Her goal is to automate her small business so that she can continue to expand until she is recognized on a national level for the Fomix products she makes.
View original language description ↓
Ángela de 20 años, vive en el Guasmo de Guayaquil como una microempresaria ya que una de sus actividades económicas es la de hacer manualidades a base de formix.

Comenzó a realiza muñecos de fomix desde que salió del colegio. Por las buenas referencias que tuvo comenzó a trabajar para una empresa. En la actualidad es una microempresaria ya que sigue proveyendo a empresas de las manualidades que hace. Tiene un horario de trabajo cómodo ya que puede dedicarle tiempo a sus estudios. Las manualidades que realiza son para eventos específicos como fiestas, cumpleaños etc.

Con el préstamo quiere comprar fomix, espuma para hacer más manualidades y así seguir creciendo en la microempresa. De esa manera el objetivo de ella es automatizar la microempresa y así seguir creciendo como microempresaria hasta llegar a ser reconocida a nivel nacional por los productos que ella elabora que son hechos a base de fomix.

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.

About Ecuador

  • $10,600
    Average annual income
  • 71
    View loans »
    Ecuador Loans Fundraising
  • $25,584,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Angela Marilu foam to make handicrafts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 29, 2010
May 19, 2010
Currency Exchange Loss:
Jun 20, 2011