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Yine Ecuador
Yine Villacrés, who is 37 years old, lives in the urban area of Guasmo de Guayaquil. His house is located in a very commercial area. His has a cement home, and he does enjoy all the basic services. His wife helps him in his food stand, and they have two children who attend public school.

Yine has had his food stand for 15 years. He started it outside his home with a table and a few chairs. (In the well-known areas of Ecuador, it is quite common that people will put out tables and chairs in front of their homes to sell food). Little by little his costumer base increased, and he earned more income.

Currently, he is in the same stand but with more seats and more customers. The most popular plate he sells is "encebollado," (a dish made of fish, vegetables and cassava). He works together with his wife, starting at 6:00 am.

With the loan, he wants to purchase tables, chairs and pots for his food stand. In the future, he wants to have his own place of business and to then be able to purchase a car.
View original language description ↓
Yine Villacrés de 37 años, vive en una zona urbana en el Guasmo de Guayaquil (su casa esta situada en un lugar muy comercial). Su vivienda es de cemento y si cuenta con todos los servicios básicos. Su esposa le ayuda en el puesto de comidas ellos tienen 2 hijos que estudian en escuelas fiscales.

Yine tiene 15 años con su puesto de comidas, lo empezó en la afueras de su casa (En los lugares populares del Ecuador es muy común que las personas pongan mesas y sillas afuera de su casa para vender comida) con una mesa y unas cuentas sillas. Poco a poco fue incrementando la cliente y obtuvo mas ingresos.

En la actualidad el esta en el mismo puesto de comidas pero con mas sillas y mas clientela. El plato mas popular que vende es el encebollado (contiene pescados, vegetales, y yucas). Trabaja en conjunto con su esposa desde las 06:00 am.

Con el préstamo quiere comprar mesas, sillas y ollas para su puesto de comidas. En el futuro quiere tener su propio local y poder así comprar un carro.

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
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yine Ecuador tables, chairs and pots.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Apr 9, 2010
Apr 19, 2010
Currency Exchange Loss:
May 15, 2011