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Rosa Agustina
Rosa lives in Orquídeas, a city to the north of Guayaquil. In her neighborhood she has access to services for water, electricity and sewage. She has lived in this area since she was able to acquire a loan for the purchase. Rosa began her commercial life selling something similar to lottery tickets (cadenas de dinero) to family and friends. She was able to take care of many of her bills in this way. After several years of this type of work she was able to collect enough capital that she was able to buy clothing to sell, since this seemed to her a very marketable business. She completes her sales between 8am and 3pm, traveling through various neighborhoods and visiting her clients since her business is informal. The things that she sells include blouses, pants, and undergarments for both men and women. She obtains a commission of $4 for every product she sells. She enjoys her business very much since it allows her to overcome the financial challenges that she faces being a single mother of three children. Rosa hopes to obtain a loan with which she will buy more merchandise for sale. Her future goal is to open a permanent bazaar so that she can dedicate more time to her family.
View original language description ↓
Rosa vive en Orquídeas ciudad norte de Guayaquil, en su sector cuenta con los servicios de agua, luz y alcantarillado. Vive en esta zona desde que por medio de un préstamo adquirió su casa. Rosa inicio su vida comercial haciendo cadenas de dinero a parientes y conocidos con lo cual solventaba la mayor parte de sus gastos. Pasado varios años de realizar este tipo de negocios logro reunir un capital con el cual pudo comprar ropa para empezar a vender ya que le pareció un negocio muy rentable. La venta la realiza sola desde las 8 de la mañana hasta las 3 de la tarde recorriendo los sectores y visitando a sus clientes ya que su negocio es informal. La venta que realiza es de blusas, pantalones y lencería tanto femenina como masculina obteniendo un costo de $ 4.00 en la venta de cada producto. El negocio que realiza le gusta mucho ya que le ha permitido superar sus dificultades financieras que tiene siendo madre soltera de 3 niños. Rosa espera obtener el crédito con el cual compraría más mercadería para la venta, su meta a futuro es abrir un bazar de manera estable para dedicarle más tiempo a 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
  • 36
    View loans »
    Ecuador Loans Fundraising
  • $26,541,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Rosa Agustina to purchase blouses, pants and lingerie.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 13, 2012
Jul 20, 2012
Currency Exchange Loss:
Jun 18, 2013