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Fredny Angelito
Fredny is 42 years old and lives on the perimeter of Guayaquil (the suburbs that are somewhat rural in nature). He has mechanical workshop called “B.”.
From the beginning it has been difficult to be a business owner. He has to support his mother. In order to support her he works hard each day making doors, windows, screens, etc. Now he has his own locksmith business also. He works with people that hire him.
In order to continue with this business he would like to buy, with this loan, cement and stones. In this way he can improve his business. In the future he would like to build a house and rent out the rooms.
View original language description ↓
Fredny de 42 años, vive en la Perimetral de Guayaquil (perímetro periurbano, que tiene una ecología en disolución). Tiene un taller de mecánica llamado “B.”

Aunque al principio fue muy difícil tener su propio taller para poder mantener a su mama el tuvo que trabajar muy fuerte haciendo puertas, ventanas, rejas etc. Ahora el tiene su propio taller de cerrajería, trabaja con personas que contrata.

Para continuar con su negocio el quiere comprar con el préstamo cemento, piedras para adecuar mejor su negocio. En el futuro quiere construir una casa para alquilar departamentos.

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
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Fredny Angelito doors, screens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011