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Joel Adolfo
Joel, 55, owns a butcher's shop. He lives in a a periurban area outside of Guayaquil called Duran, which is known for its deteriorating ecosystem.

He gained experinece at a butcher's years ago, when was working towards a stable economic situation. With some savings and perseverance he was able to buy enough meat to set up his own business. He is currently renting premises, where he sells meat at $ 1.80 per pound and pork at $ 3.00 per pound.

With the loan he wants to buy meat so as to sell more variety. In future he wants to open several branches to ensure his old age and his wife's.
View original language description ↓
Joel de 55 años, tiene una carnicería. Vive en una zona periurbana ubicada a las afuera de Guayaquil llamada Duran y caracterizada por su ecología de disolución.

Obtuvo experiencia en una carnicería cuando trabajo hace años atrás para poder tener una situación económica estable. Con algunos ahorros y perseverancia pudo comprar carne suficiente para tener su propio negocio. En la actualidad alquila un local vende la libra de carne a $ 1.80, la liba de chancho a $ 3.00. Con el préstamo quiere comprar carnes para tener más variedad en las ventas. En el futuro quiere abrir distintas sucursales para asegurar la vejez de él y su esposa.

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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Joel Adolfo meat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Nov 21, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2011