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Alba Laura
Alba is 30 years old and single. She was born in Guayaquil and has no children. Sixteen years ago, with effort and sacrifice, she bought her house, with which she feels very satisfied. Her mother lives with her and as she is a seamstress she taught her the work. Alba has a bachelor's degree but points out that it is difficult to find work.

Because her mother has machines, and with her own capital, she decided to start her business. She makes and sells sheets and towels. She never thought that what she started as a small business to pay her expenses would become a way a life for her and her friends who work there. She points out that in her business weather isn't determined to be bad or good, but what complicates things is the winter season, because the streets where she lives are not paved and they flood, which complicates her transportation.

She will use the loan to buy two industrial machines and increase her production capacity. Her immediate goal is to acquire two additional machines to make her workshop bigger.
View original language description ↓
Alba es soltera y tiene 30 años de edad. Nació en Guayaquil y no tiene hijos. Hace 16 años con esfuerzo y sacrificio compro su casa con lo cual se siente muy satisfecha. Su mamá vive con ella y como es costurera le enseño el trabajo. Alba es bachiller pero indica que es difícil encontrar trabajo. Como su madre tiene maquinas y con un capital propio se decidió a emprender su negocio. Ella confecciona y vende sabanas y toallas. Nunca pensó que lo que empezó como un negocio pequeño para solventar sus gastos se convirtiera en un medio de vida para ella y sus familiares quienes trabajan ahí. Nos indica que en su negocio no hay tiempo determinado como bueno o malo, lo que se le complica es la temporada de invierno ya que las calles donde vive no están pavimentadas y se inundan lo que complica su transportación. El préstamo lo utilizara para comprar 2 maquinas industriales y aumentar su capacidad de producción. Su meta inmediata es adquirir 2 maquinas adicionales para agrandar su taller.

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
  • 40
    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 $1,375 helped Alba Laura to buy an industrial sewing machine.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Apr 16, 2012
May 3, 2012
Currency Exchange Loss:
Apr 18, 2013