Funded

Total loan: $1,075
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Teresa Gisella


A loan of $1,075 helped to buy flour, butter and an oven.


Teresa Gisella's story

Teresa, 55, lives in a suburb of Guayaquil. For 5 years, there had not been a bakery in her neighborhood, so she decided to set up a business in her house. Now she has a bakery set up where she sells milk, yogurt, colas, and the cakes and breads that are her specialty. She starts working at 5 in the morning when she gets up to prepare the bread. Once the bread is ready she starts to sell, and she sells until 5pm. She follows this routine every day. One of her main worries is to be in a situation where she can't make the bread. With the loan that she is requesting, Teresa will buy flour, butter and an extra oven so that she can increase her production. In the future, she hopes to expand her bakery, combining that business with a general store.

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar



Loan details

Loan length:

14 months
Disbursed date: July 18, 2012
Facilitated by Field Partner: Banco D-MIRO S.A.

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 18, 2012
Facilitated by Field Partner: Banco D-MIRO S.A.