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Nicolas Augusto
Nicolás León lives in a house made out of sugar cane stalks in the Paraíso sector of Guayaquil. He is a widower and had children with his wife, all of whom are now married and working.

Eight years ago, when he became unemployed, Nicolás started his business: he began selling cheese by the pound. Until today, he continues to sell cheese by the pound and watermelons by the unit. He works from 6am until 6pm from Monday through Sunday. One of the complications he faces is that he has no means of transportation and has to pay shipping fees because, since he works alone, it's difficult for him to leave his business unattended.

This loan will be used to buy cheese and watermelons. In the future, he'd like to have a larger stand so that he could sell other products like rice and oil.
View original language description ↓
Nicolás León vive en una casa de caña ubicada en la zona de la Paraíso de Guayaquil, es viudo tuvo con su cónyuge hijos y todos estan casados y trabajando.

Nicolás inicio su negocio hace ya 8 años atrás cuando se quedo sin trabajo, comenzó vendiendo queso por libra, de hay hasta ahora el vende sandia por unidades y queso por libra desde las 06h00 hasta las 18h00 de lunes a domingos, una de las complicaciones en el negocio es que no tiene medio de transporte y tiene que estar pagando los fletes por lo que el trabaja solo le es my difícil dejar solo el negocio.

Con el préstamo quiere comprar queso y sandias para incrementar el negocio, en el futuro quiere tener un puesto más grande y poder así vender más productos como arroz, aceites.

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
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,996,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Nicolas Augusto cheese, watermelons.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 14, 2009
Dec 28, 2009
Currency Exchange Loss:
Jul 15, 2010