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Katherine Jessenia
Katherine, 19, has a bakery where she also stocks groceries. She lives in an urban zone called Suburbio in a cement house that has all basic utilities.

Her parents started the business with one oven and a display case baking bread from flour together over 18 years ago. In 2009 Katherine’s mother went abroad seeking better employment opportunities and had to close the bakery due to lack of funds.

This year Katherine and her 16 year old sister decided to reopen the baker again making the bread that their parents taught them to make when they were little girls. They called it “Niño Isaac” and used their savings to buy flour, yeast, dairy products and a few groceries to stock in the place. They work from very early making bread.

She wants to use the loan to buy beverages, snacks and dairy products to stock in the bakery. In the future she’d like to expand the business selling sandwiches and fast food to have more variety.
View original language description ↓
Katherine de 19 años, tiene una panadería surtida con algunos víveres de primera necesidad. Vive en una zona urbana llamada suburbio en una casa de cemento que cuenta con todos los servicios básicos.

El negocio lo empezaron sus padres con un horno y una vitrina haciendo panes de harina juntos hace ya 18 años atrás. En el 2009 la mama de Katherine salió del país para buscar nuevas oportunidades de empleo y tuvieron que cerrar la panadería por falta de dinero. En este año Katherine y su hermana de 16 años decidieron abrir la panadería otra vez y hacer los panes que desde pequeña le enseñaron sus padres. Le pusieron por nombre “Niño Isaac” compraron con sus ahorros harina, levaduras, lácteos y algunos víveres para surtir el lugar. Trabajan desde muy temprano haciendo los panes.

Con el préstamo quiere comprar bebidas, snack, lácteos para surtir su negocio. En el futuro quiere ampliar el negocio y vender tortas, bocaditos para tener variedad.

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
  • 60
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Katherine Jessenia for dairy products and snacks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 24, 2010
Dec 3, 2010
Currency Exchange Loss:
Dec 15, 2011