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Pedro
Pedro C. is 54 years old and his house is located in Paraíso de Guayaquil. His wife is a wholesale merchant in the Montebello Market. He has one son who studies in a private school.


Pedro began a year ago with 5 breeder chickens. Selling them little by little, he was able to buy more. Now, he has a small stall in the principal market of Paraíso selling breeder chickens ready to cook. Sometimes his wife helps him plucking the chickens. One of the difficulties of his business is price, because of the competition that exists in the market.


With this loan he will buy 600 chickens in order to expand his business. In the future, he wants to enlarge his business and be able to remodel his house to ensure his family's future.

View original language description ↓
Pedro C. de 54 años de edad, su casa esta ubicada en Paraíso de Guayaquil, su esposa es comerciante de juntas en el mercado de Montebello tiene 1 hijo que estudia en una escuela particular.

Pedro comenzó hace 1 año atrás con 5 pollo de criadero, así poco a poco vendiéndolos pudo comprar más y ahora trabaja en un pequeño puesto en la principal de Paraíso vendiendo pollos de criadero listos para cocinar a veces la esposa le ayuda pelando los pollos, una de las dificultades de su negocio es el precio por la competencia que hay en el lugar.

Con el préstamo quiere comprar 600 pollos para poder así incrementar su negocio. En el futuro quiere agrandar el negocio y poder así remodelar la su casa para asegurar el futuro de su familia.

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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Pedro tO BUY CHICKENS TO RAISE AND SELL.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2009
Listed
Dec 30, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2010