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Adán William
Adán Rodríguez, 47 years old, lives in the Paraíso sector of Guayaquil. His house is made of cement, and the only utilities it has are lights and water. His wife helps him in the store. They have three children, ages 11 and 17 years, and an 18-year-old daughter who is disabled.

While Adán was working, he invested his salary in a small freezer and bought some perishable items at a store. Little by little he added legumes and meats to his merchandise. Adán now has a well-stocked store. One of his best-selling products is rice. He works from 7:00 am on, and for extra income he works as a solderer. The insecurity felt in his sector of the city makes it difficult to do excellent work.

With this loan he wants to buy rice, oil, and legumes for his shop. In the future he would like to fix up the patio of his house and be able to give his children a better life.
View original language description ↓
Adán Rodríguez de 47 años, vive en una zona periurbana en el Paraíso de Guayaquil, su casa es de cemento y solo cuenta con luz y agua como servicio básico. Su esposa le ayuda en la tienda ellos tienen 3 hijos de 11, 17 y la de 18 años que es incapacitada.

Cuando Adán trabajaba invirtió su sueldo en un congelado pequeño y compro algunos víveres que son dispensables en una tienda. Poco a poco aumento su mercadería con legumbres y carnes.

Adán ahora tiene una tienda muy surtida uno de los productos que mas vende es el arroz, trabaja desde las 07:00 am. Para tener otros ingresos el trabaja como soldador. La inseguridad que siente en el sector por donde vive le es de dificultad para trabajar con excelencia.

Con el préstamo quiere comprar arroz, aceites, legumbres para su tienda. En el futuro quiere arreglar el patio de su casa y poderles dar un mejor futuro a sus hijos.

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

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Adán William rice, oil, legumes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011