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Gloria Magdalena
Gloria was born in Guayaquil, and she is 35 years old. She started her business 8 years ago (in 2005). She was working for a company that sold household appliances, but with a loan from a relative, she decided to start up her own business selling Yanbal products. The business gradually grew, and now she gets prizes for her sales.

Gloria starts to work at 6 in the morning. She goes to take her children to school, and then starts travelling around to her customers to sell the products that are in demand.

She doesn't have any problems with her business, and with the help of God, she is making progress each day. She is single and has 2 children aged 6 and 2, one of whom is attending public school.

With this loan, she wants to buy perfumes, accessories, and creams so that she can have a greater variety of products for her customers. Her dream, or rather the goal she wants to accomplish, is to sell her merchandise in other, more distant, places.
View original language description ↓
Gloria nació en Guayaquil, tiene 35 años. Comenzó su negocio hace 8 años (2005) trabajando en una empresa de venta de electrodomésticos , pero con un préstamo familiar; decidió establecer su propio negocio de venta de productos Yanbal, poco a poco creció, en la actualidad recibe premios por sus ventas.

La clienta trabaja desde las seis de la mañana, va a dejar a sus hijos a la escuela y comienza el recorrido a sus clientes para vender los productos requeridos.

No tiene dificultad alguna en su negocio y con la ayuda de Dios va progresando día a día, es soltera tiene dos hijos uno de 6 y el otro de 2 años de edad y solo uno está en escuela fiscal.

Con el prestamo quiere comprar perfumes, bisuteria, cremas para poder tener mas vairadad de productos para sus clientes. El sueño o la meta que quiere obtener es de realizar la entrega de su mercadería a otros lugares mas distantes.

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
  • 60
    View loans »
    Ecuador Loans Fundraising
  • $26,742,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Gloria Magdalena to buy perfumes, accessories and creams.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 15, 2013
Feb 15, 2013
Currency Exchange Loss:
Oct 19, 2013