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Carlos Eduardo
25-year-old Carlos drives a motor rickshaw (a fast and efficient means of transport for going places where a car cannot). He lives in a peri-urban zone called “Perimetral” that is surrounded by a marsh.

He started 5 years ago making runs with a motor rickshaw (a speedy mode of transport), due to the necessity and because people in his area needed a fast means of transport that would get to the places that public transport would not. Since then, he has been working to support his 5-year-old daughter. He works from 8am to 9pm every day.

With the loan, he wants to change the motorcycle, buying a new one in order to work faster. In the future he wants to have a house, since he now lives in his uncle’s house and he needs to give his daughter a better life.
View original language description ↓
Carlos de 25 años, el es conductor de una tricimoto (medio de transporte rápido y eficaz para ir a lugares que un carro no puede) vive en una zona periurbana llamada Perimetral y rodeada por un estero.

Empezó hace 5 años haciendo carreras con una tricimoto (medio de transporte rápido), debido a la necesidad y a que las personas de su sector necesitaban un medio de transporte rápido que llegara a los lugares que un transporte común no llega. Desde ese tiempo hasta ahora ha venido trabajando para poder mantener a su hija de 5 años. Trabaja desde las 08h00am hasta las 21h00pm todos los días.

Con el préstamo quiere renovar la moto comprando una nueva para trabajar con mas rapidez, en el futuro quiere tener una casa ya que ahora vive en la casa de su tio y necesita darle una mejor vida a su hija.



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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,545,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Carlos Eduardo motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2010
Listed
Oct 27, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011