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Jose Dolores
José is 46 years old and lives in Paraíso de Guayaquil - an area now on the outskirts of the city, whose natural ecology is fast disappearing. 14 years ago, he bought a plot of land to build his house and set up his catering business.

After he bought the land, a table and a little kitchen, he began selling “caldo de salchicha” (an Ecuadorean speciality made with beef and plantains). Little by little and with a lot of work, he was able to build up the business, which now also sells "fritada" (a dish made with pork and corn). He works every day from 5.30am till nightfall.

With this loan, José wants to buy a better kitchen and tables for his business. In the future he wants to improve his fast food business further.
View original language description ↓
José de 46 años, vive en el Paraíso de Guayaquil (zona periurbana, con una ecología en disolución), Hace 14 años el compro un solar para construir su casa y tener su negocio de comidas.

Después de haber comprado el solar con una mesita y cocineta el empezó a vender “caldo de salchicha” (plato típico del Ecuador que se lo prepara con las viseras de la vaca rellenas de plátanos), poco a poco con esfuerzo a podido tener su propio negocio ahora también vende “fritada” (es un plato con carne de chancho y granos), trabaja todos los días desde las 05:30am hasta el anochecer.

Con el préstamo quiere comprar una cocina y mesas para su negocio de comidas, en el futuro quiere arreglar mejor su negocio de comidas rápidas.

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
  • 33
    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 $1,000 helped Jose Dolores kitchen, tables.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2010
Listed
Jun 29, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011