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Victor Hugo
Víctor, 23, has a small area where he sells building materials and supplies. He lives in Primavera de Duran, a periurban area in ecological decay.

Due to the lack of employment opportunities his family helped him get building materials and supplies so that he could have his own business. With much effort and dedication he managed to get his own locale to sell more building materials and supplies. He works all day with a helper.

To have more materials and sell them more quickly to his customers, he wants a loan to buy cement and bricks. In the future, he’d like to buy a lot to install his business.
View original language description ↓
Víctor de 23 años, el tiene un pequeño local donde vende materiales de construcción, vive en Primavera de Duran (zona periurbana, con una ecología en disolución).

Por la falta de oportunidades laborables su familia lo ayudo a conseguir materiales de construcción para que tuviera su propio negocio, con esfuerzo y dedicación pudo tener su propia local para vender mas materiales de construcción. Trabaja todo el día con un ayudante.

Para tener mas materias y venderlos con mas rapidez a su clientela el quiere compra con el préstamo cemento y ladrillos. En el futuro quiere comprar un solar para 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

  • $10,200
    Average annual income
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Victor Hugo for cement and bricks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2010
Listed
Aug 23, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 29, 2011