Funded

Total loan: $1,075
Powered by 38 lenders

Magdalena Eloisa

Ecuador
Los Bancos, Ecuador / Cosmetics Sales

A loan of $1,075 helped to buy merchandise.


Magdalena Eloisa's story

Magdalena, 25 years old, lives with her husband Edwin and their son. They live in the Puerto Quito Parish, a relatively small city that is currently growing due to ecotourism. This city is about 140Km from the capital and runs alongside the Caoni River bridge. Puerto Quito is considered part of the Ecuadorian Highlands; however, its climate is more coastal. The city is in the tropical forest area and its average temperature is around 25ºC.

Magdalena works in selling cosmetics, while her husband has worked as an electrician for 5 years. Magdalena is requesting this loan to buy more products and serve more customers. Magdalena has not had too many obstacles or difficulties in running her business. The only challenge would be the lack of cash in order to continue growing. She dreams of having her own home one day. This loan would be a great step in achieving this goal.

Translator profile picture

Translated from Spanish by Kiva volunteer Amy Polenske



Loan details

Loan length:

15 months
Disbursed date: July 27, 2012
Facilitated by Field Partner: Fundacion Alternativa

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: July 27, 2012
Facilitated by Field Partner: Fundacion Alternativa