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Juan Buatista
Juan, 62, lives in El Suburbio in Guayaquil (an urban area; most of the inhabitants are small businessmen), working in his wood shop from 7:30 am until 6:00 pm everyday with the help of his children.

Before having his own cabinetmaking workshop, he worked as a laborer in construction and learned to be a cabinetmaker. When he was 33 years old, he decided to start his own woodworking business, little by little making furniture in his house and selling it to his neighbors. He was able to expand his workshop and now is a cabinetmaker. He makes chairs, tables, living room sets, etc.

To keep up with his business he wants to buy wood and glue. In the future, Juan wants to buy tools and renovate his workshop.
View original language description ↓
Juan de 62 años, vive en el Suburbio de Guayaquil(zona urbana, la mayoría de habitantes son comerciantes informales), trabajando en su taller de madera, desde las 07h30am hasta las 18h00pm todos los días con la ayuda de sus hijos.

Antes de tener su propio taller de ebanista, el trabajo como obrero en una construcción y hay aprendió a ser ebanista. Cuando cumplió 33 años decidió comenzar con su propio negocio de madera, poco a poco haciendo mueblería en su casa y vendiéndola a sus vecinos, pudo ampliar su taller, ahora el es ebanista de madera. Hace sillas, mesas, conjunto de salas etc.

Para seguir con su negocio el quiere comprar madera y pegamento. En el futuro quiere comprar herramientas y readecuar su taller de madera.

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
  • $23,466,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Juan Buatista wood, glue.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2010
Listed
Aug 19, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 30, 2011