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Mario Ivan
Mario is 45 years old. He lives along the Perimetral Highway of Guayaquil (a periurban area that is situated near a salt marsh). He runs a small store out of the back of his home.

He started out by selling rice, drinks, and other supplies to earn money to support his two children and wife who also helps with the business. He works from 6 in the morning to 9 at night. He sells drinks, grains, and other items.

Mario plans to use the loan to buy more drinks and grains to better stock his store. He would like to see his business grow and offer more products in the future.
View original language description ↓
Mario de 45 años, vive en la Perimetral de Guayaquil (zona periurbana, rodeada de un estero salado) el tiene una pequeña tienda en la parte delantera de su casa.

Mario comenzó vendiendo arroz, bebidas y otros víveres para poder mantener a sus dos hijos y esposa que le ayuda en el negocio. Trabaja desde las 06h00am hasta las 21h00pm. Vende bebidas, granes y otros vives.

Con el préstamo quiere comprar bebidas y granos para mejorar y surtir su tienda. En el futuro quiere tener mas grande y surtido su negocio.

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
  • 50
    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 $1,200 helped Mario Ivan to buy drinks and grains.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Aug 11, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011