Check out some available loans that are similar to this one!
Primitivo Baudillo
Primitivo is 56 years old and lives in the urban neighborhood of Las Orquídeas (“The Orchids”—the neighborhood was originally a field with many orchid flowers) in Guayaquil. He has 6 children and owns a furniture making business.

Primitivo has had his furniture making business for 15 years. He and his 9 employees build furniture in Primitivo’s house. Primitivo does not have a permanent place for his workshop, but for the past 15 years has worked in the entrance hall of his home making tables, chairs, armchairs, etc.

Now Primitivo wants to purchase wood so he can build more furniture for his business. In the future he wants to finish constructing his house, as it is currently made of bricks and reeds.
View original language description ↓
Primitivo de 56 años, vive en una zona urbana en las Orquídeas (la originalidad de este lugar fue un campo con muchas flores orquídeas) de Guayaquil. El tiene 6 hijos y tiene un taller de muebles.

Hace 15 años atrás el tiene el taller de mueble, trabaja con 9 trabajadores haciendo muebles en su casa. No tiene un lugar fijo para su taller pero durante los 15 años a trabajado en el portal de su casa el hace mesas, sillas, sillones etc.

Pero para hacer mas muebles el quiere comprar madera para su negocio. En el futuro quiere terminar de construir su casa porque es actualmente de caña y ladrillos.

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
  • 42
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Primitivo Baudillo purchasing wood for his furniture making business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011