Funded

Total loan: $1,325
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Olivia Magdalena


A loan of $1,325 helped to buy equipment for her food cart and to pay for home improvements.


Olivia Magdalena's story

This borrower is from the Guasmo sector of Guayaquíl. She learned to cook with her mother and later worked at restaurant. Thanks to her effort, she now has her own business. The borrower works alone on the weekends near her house from a fast food cart. She is a single mother and has two young children who are attending a state school in their neighborhood. In the future she would like to have her own restaurant, improve her income, and help her family move forward.

For now, the borrower needs the money from this loan to improve her home and the cart for her business.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

17 months
Disbursed date: September 18, 2013
Facilitated by Field Partner: Banco D-MIRO S.A.

Lenders and lending teams




Loan details

Loan length:

17 months
Disbursed date: September 18, 2013
Facilitated by Field Partner: Banco D-MIRO S.A.