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Monica Isabel
Mónica lives in Duran. She is 32 and she is a technician by profession. She tells us that she was born in the city of Esmeraldas but decided to live in Duran to get out of poverty. Esmeraldas is a beautiful city, above all because of its beaches and culture. Currently, the government is giving a lot of importance to tourism, but 15 years ago, it was practically abandoned, so many people from that province decided to move. Despite having finished college, Mónica doesn't work as a technician; she sells clothing and cosmetics. Her business is in her home where she stores and selects merchandise to sell. She does her job by herself starting in the mornings and returns to attend to her home in the afternoon. She is a single mother, and this business has helped her considerably because she manages her time without any problems, and it lets her spend time with her family. Her children attend a public school, and when they can, they help her with her business. She would like to be able to obtain this loan to buy merchandise like shirts, blouses, pants, and cosmetics for men and women. Her dream is to improve her home by adding another floor to rent out and have extra money for her family.
View original language description ↓
Mónica vive en Duran. Tiene 32 años de edad y su profesión es Técnico. Mónica nos cuenta que su ciudad natal es Esmeraldas pero que decidió vivir en Duran para salir de la pobreza. Esmeraldas es una ciudad muy hermosa sobre todo por sus playas y cultura, en los tiempos actuales el gobierno le está dando mucha importancia al turismo pero hace 15 años atrás estaba prácticamente abandonada de ahí que muchos habitantes de esta provincia decidieran cambiar de vida. Mónica a pesar de haber terminado la universidad no ejerce su profesión se dedica a la venta de ropa y cosméticos. El negocio lo tiene en su domicilio donde guarda y selecciona la mercadería para la venta. El trabajo lo realiza sola desde las mañanas hasta las tardes que regresa para atender su hogar. Es madre soltera y este negocio le ha ayudado considerablemente a que maneja su tiempo sin problemas y le permite pasar tiempo con su familia. Sus hijos asisten a la escuela fiscal y cuando pueden le ayudan en el negocio. Le gustaría obtener el préstamo para de esta manera comprar mercadería como camisas, blusas, pantalones y cosméticos para hombres y mujeres. Su sueño es mejorar su casa aumentando otro piso para poder alquilar y tener dinero extra para su familia.

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
A loan of $1,575 helped Monica Isabel to buy shirts, blouses, pants, and cosmetics.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 22, 2012
Jun 2, 2012
Currency Exchange Loss:
Jul 2, 2012