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Cesar Augusto
Cesar, 38 years old, has a small business selling fruits and lives in an urban area called "Suburbio." This area is called "Suburbio" because most of the inhabitants are small business owners.

He started this business nine years ago because when he was a boy he used to help his mother take care of the household bills with her fruit stand in the "Gran Colombia" market. After his mother's death, he wanted to continue on with her business so he set up his small fruit stand. He works from five a.m. to six p.m. selling fruit juices.

With the loan he wants to buy a variety of fruits to make juice and in the future he would like to have a fruit bar and buy a car to be able to transport his buisiness more easily.
View original language description ↓
Cesar de 38 años, es vendedor de frutas informal, vive en una zona urbana llamada “Suburbio” caracterizada porque la mayoría de habitantes son comerciantes informales.

Inicio hace 9 años ya que su mama tenia un puesto de frutas en el mercado la “Gran Colombia” cuando el era pequeño y le ayudaba para solventar los gastos de su familia. Después de haber muerto su mama quiso seguir con el mismo negocio de ella, y ubico un pequeño puesto de frutas. Trabaja desde las 05h00am hasta las 18h30pm vendiendo jugos de frutas.

Con el préstamo quiere comprar frutas de toda clase para hacer jugos de frutas. En el futuro quiere tener un bar de frutas y comprar un carro para movilizar mejor 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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Cesar Augusto fuits.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011