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Teresa Caludina
Teresa is a single mother, and she has three school age children. They are the reason that she started the business of selling crabs. Her whole family devotes itself to the same business that she does. She decided to join them as the proprietress because she could not find work.

The work she does is very tiring because she sells by the pound. She has to peel great quantities. During the process her hands get hurt the most. Even though she uses gloves, she gets cut on various occasions. She starts her work together with two siblings at three in the morning and works until six in the evening.

They sell crabs in bundles or by the pound, the latter being the most expensive. Terese is well-known in her neighborhood for being one of the founders. She arrived in Guasmo when it was just being populated, which is the reason she was able to buy a house. The neighborhood is peaceful, and, thank God, they have not had problems.

She will use the loan to buy bundles of crabs. She will also buy shrimp and three display cases to keep the product fresh.
View original language description ↓
Teresa es madre soltera de 3 niños quienes están en esta escolar, por ellos empezó el negocio de la venta de cangrejos. El negocio al que se dedica lo realiza toda su familia y decidió unírseles como propietaria ya que no encontraba trabajo. El trabajo es muy cansado ya que vende por libras por lo cual tiene que pelar en grandes cantidades, lo que más se daña en el proceso son las manos aunque utiliza guantes se corta en varias ocasiones. Ella empieza su labor junto a dos hermanos desde las 3 de la mañana hasta las 6 de la tarde, venden cangrejo por planchas vivos o sacados por libra siendo los últimos los más caros. En el barrio donde vive Teresa es muy conocida por ser una de las fundadoras, llego al Guasmo cuando recién se estaba poblando motivo por el que pudo comprar su casa, el barrio es tranquilo y gracias a Dios no ha tenido problemas. El crédito lo utilizara para comprar cangrejos por planchas, también camarón y 3 vitrinas para mantener el producto fresco.

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 $1,075 helped Teresa Caludina to buy crabs and shrimp.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 18, 2012
Aug 4, 2012
Currency Exchange Loss:
Jun 18, 2013