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Rosendo Justiano
Rosendo is 41 years old and has a car repair shop. He lives with his wife and two children in a community called Playas, one of Ecuador's tourist sites with a diverse offering of seafood.

He started fixing cars working in a workshop for three years, but in order to have his own business and be independent he had to get out and start working for himself. He set up a car repair shop 18 years ago and he now works from 8:00am to 6:00pm every day. He straightens, paints and repairs the damage to the cars. With this loan he wants to buy parts for the cars he fixes and thus increase his income.

In the future you wants to sell spare parts in his workshop to make it more convenient for his customers.
View original language description ↓
Rosendo de 41 años, tiene un taller de reparación de carros. Vive con su esposa y dos hijos en un cantón llamado Playas uno de los lugares turísticos del Ecuador con una diversa dimensión de mariscos.

Comenzó a reparar carros como oficial en un taller por tres años pero para tener su propio negocio y ser independiente tuvo que salir a trabajar por su parte. Ubico un taller de reparación de carros hace 18 años atrás en la actualidad trabaja desde las 08h00am hasta las 18h00pm todos los días. El endereza, pinta y repara los carros según el daño que tengan. Con el préstamo quiere comprar repuestos para los carros que arregla y asi tener más ingresos.

En el futuro quiere implementar su con venta de repuestos su taller para que a los clientes se les haga más fácil.

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
  • 17
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rosendo Justiano to buy spare parts for cars.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Nov 21, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012