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Geroncio Ecuador
Geroncio is 51 years old and sells kitchenware for a living. He lives in El Guasmo in Guayaquil (a section of the city where the majority of the residents are informal merchants).

Years ago he was a taxi driver, but one afternoon he was kidnapped along with his taxi so he quit this job because it wasn't safe. He started to sell kitchenware to support his family and now he works with two other people that help him with sales. He works from 8:30 in the morning until 1:00 in the afternoon. He sells pots,pans, dishes, etc.

With this loan he wants to buy pots and dishes for his business. In the future he would like to have a store to better sell his merchandise.
View original language description ↓
Geroncio de 51 años, el es vendedor de utensilios de cocina, vive en el Guasmo de Guayaquil (zona urbana, la mayoría de habitantes son comerciantes informales).

Hace años atrás el era taxista pero en una tarde lo secuestraron con su taxi y dejo esta actividad debido a la inseguridad, comenzó a vender utensilios de cocina para poder mantener a su familia, por ahora trabaja con dos personas mas que lo ayudan en las ventas, trabaja desde las 08h30 hasta las 13h00pm. Vende ollas, sartenes, platos etc.

Con el préstamo el quiere comprar ollas, platos para su negocio, en el futuro el quiere tener un local para vender mejor su mercadería.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Geroncio Ecuador to purchase kitchenware to sell.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Aug 17, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2011