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Francisco Alejandro
Francisco is 26 years old and he runs a bakery in his house, located in Orquídeas de Guayaquil (an urban area named after the many orchids that existed when the place was discovered).

He chose to engage in bakery because he leaned how to bake bread many years ago, and he did not want to waste this experience. To start his baking activity he bought flour and an oven that he put in the front part of his house. He currently sells bread in a small room of his house, where he works backing bread form 5 am until 12 pm when he closes the shop.

The loan he is requesting will be used to buy flour and a fridge for the drinks he wants to sell in his bakery. In the future he wants to own a bigger bakery.
View original language description ↓
Francisco de 26 años, tiene una pequeña panadería en su casa, en las Orquídeas de Guayaquil (zona urbana, llamada las orquídeas porque en su descubrimiento habían muchas flores orquídeas).

Escogía tener una panadería ya que hace muchos años atrás aprendió a hacer panes y no quería desperdiciar ese talento. Compro un horno y harina para comenzar con la panadería en la parte delantera de su casa. En la actualidad vende pan en su pequeño local que tiene en su casa trabaja desde las 05h00am haciendo pan hasta las 00h00pm que cierra el negocio.

Con el préstamo quiere comprar harina y una refrigeradora para las bebidas que quiere vender en su panadería. En el futuro quiere tener mas grande su panadería.

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
  • 75
    View loans »
    Ecuador Loans Fundraising
  • $24,585,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Francisco Alejandro to buy flour and a fridge.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 6, 2010
Oct 24, 2010
Currency Exchange Loss:
Nov 15, 2011