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Geovan Antonio
Geovan is 36 years old and lives in Guasmo de Guayaquil, an urban place where much of the population has few economic resources. He has two children, and he owns a chicken roasting shop.

Geovan has worked for 10 years in a chicken roasting shop, but since he needed to increase his income for his family, he decided to use his savings to invest in purchasing chickens and his own roasting shop so that he could sell chicken with vegetable stew and fried bananas. For now, he works from 4:00 p.m. to 10:00 p.m. every day. He sells each roast chicken for $8.00.

With this loan, he would like to buy tables, chairs and chickens for his business selling roast chickens. In the future, he would like to buy a car so that he can deliver the chickens to homes.
View original language description ↓
Geovan de 36 años, el vive en el Guasmo de Guayaquil un lugar urbano donde esta la mayor parte de la gente de bajo recursos económicos. Tiene dos hijos, el tiene un asadero de pollos.

El trabajo por 10 años en un asadero de pollo pero como necesitaba mas ingresos para su familia, el decidió invertir sus ahorros en pollos y en un asadero para vender pollos con menestra y banano frito. Por ahora trabaja desde las 16h00 hasta las 22h00pm todos los días. Cada pollo asado lo vende a $8.00.

Con el préstamo quiere comprar mesas, sillas y pollos para su negocio de venta de pollos, en el futuro quiere comprar un carro para dar a domicilio los pollos.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,467,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Geovan Antonio to buy tables, chairs, and chickens.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2010
Listed
Jun 22, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 29, 2011