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Felix Eladio
Félix Ramírez is a 58-year-old man who lives in a peri-urban area of Perimetral de Guayaquil. His house is made of cement and has the basic utilities. He is single but has a 16-year-old son who is currently in school.

Félix started out as a mechanic's assistant, fixing cars, repairing engines, and performing all types of automotive repair tasks. Thanks to this job, he was able to learn how to become a professional mechanic. With his little savings, he was able to rent a garage and became a self-employed mechanic.

He now works from 8:00 am to 8:00 pm every day. He repairs engines, valves, fuel injectors, etc. One of his biggest problems is the rainy season; however, he would like to purchase sheet metal for his business.

In the future, would like to have his own garage and a hardware store where he can sell hand tools so that he can ensure his only son's future.

View original language description ↓
Félix Ramírez de 58 años, vive en una zona periurbana en la Perimetral de Guayaquil, su casa es de cemento y cuenta con todos los servicios básicos. Es soltero pero tiene un hijo de 16 años que estudia.

Félix inicio como ayudante en un taller mecánico haciendo reparaciones de carros, arreglo de motores y todo tipo de arreglos para carros, gracias a este trabajo pudo aprender como ser un mecánico profecional. Con sus pocos ahorros alquilo un local para independizarse como mecánico.

Ahora el trabaja desde las 08:00 am hasta las 20:00 pm todos los días. Hace reparaciones de motores, válvulas, inyectores etc. Una de las complicaciones que hasta ahora tiene es el clima muy lluvioso. Pero con el préstamo quiere comprar hierro para su negocio.

En el futuro quiere una ferretería (lugar donde hay herramientas de venta) para asegurar el futuro de su único hijo. Y tener su propio taller.

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
  • 73
    View loans »
    Ecuador Loans Fundraising
  • $24,585,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Felix Eladio purchase sheet metal.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 16, 2010
Mar 23, 2010
Currency Exchange Loss:
Feb 15, 2011