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Lorenzo
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Business Description

Don Lorenzo has a grocery store where he also sells other basic necessities, in a business area and on a main street. He began his business with some money that his wife sent him from abroad, where she has been for three years now.

Loan Use

Don Lorenzo will use this loan to purchase more merchandise on wholesale and continue to invest in his store so that he can improve it and attract more customers.

Personal Information

Don Lorenzo is 45 and has three children who all go to school. He lives in a cement-built home. He has the firm conviction that with the improvements he will make in his store, he will bring in more customers. With the increase in customers, he will be able to better assure the future of his family and he will be able to bring his wife home to live with them again.

Translated from Spanish by Kiva Volunteer, Kristin Connor



Descripción del Negocio


Don Lorenzo tiene una tienda donde vende víveres y artículos de primera necesidad en un sector muy comercia y en calle principal. Este negocio lo empezó con un dinero que le envío su esposa que está en el exterior hace tres años. /p>

Uso del Préstamo


Don Lorenzo usará el préstamo para comprar más mercadería al por mayor y así poder seguir realizando inversiones en el negocio y pronto incrementarlo de tal manera que pueda tener más clientes



Información Personal


Él tiene 45 años y tres hijos que estudian su casa es de cemento. Lorenzo tiene la firme convicción que con las mejorar que haga en su negocio su clientela aumentara y así podrá asegurar el futuro de su familia y en un momento dado su esposa pueda regresar para estar juntos nuevamente

About Ecuador

  • $10,200
    Average annual income
  • 36
    View loans »
    Ecuador Loans Fundraising
  • $23,451,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Lorenzo to purchase more supplies and other products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 20, 2007
Listed
Jul 6, 2007
Currency Exchange Loss:
N/A
Ended:
May 20, 2008