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Ney Laurentino
Ney is 36 years old and lives in an urban area called “Las Orquídeas,” (The Orchids) named so because there were many orchids in the area when it was first discovered. He has a food stall where he sells “encebollado” (a typical Ecuadorean dish). He’s been cooking encebollado since he was very young, so that he could have his own business. With great effort, he obtained his food stall in a main commercialized zone. Little by little he’s been able to support his family. He works from 8:00 AM to midnight. Encebollado is made with fish, onions, and yucca and is a common breakfast food.

He wants to use the money from this loan to buy more fish and a freezer. In the future he wants to have a small eatery and become known in the food market.
View original language description ↓
Ney de 36 años, vive en una zona urbana “Las Orquídeas” llamado así porque en su descubrimiento habían muchas flores orquídeas, tiene un puesto de venta de encebollado (plato típico del ecuador).

Desde pequeño el comenzó a preparar encebollado para tener su propio negocio. Con esfuerzo obtuvo un puesto de comida en una principal comercial. Poco a poco a mantenido a su familia, trabaja desde las 08h00am hasta las 00h00pm. El encebollado contiene pescado, cebollas, yucas, llevar, es común en el desayuno.

Para poder hacer mas encebollado el quiere comprar con el préstamo pescado y un congelador. En el futuro quiere tener un local y ser reconocido en el mercado de comidas típicas.

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
  • 93
    View loans »
    Ecuador Loans Fundraising
  • $24,171,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ney Laurentino fish and refrigerator.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2010
Listed
Sep 16, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011