Check out some available loans that are similar to this one!
Renan Alonso
Renan is 40 years old and works as a gypsy cab driver. He lives with his wife and two children, ages 2 and 4, in an urban area called Guasmo, which is mostly inhabited by merchants.

For a lack of opportunities, he bought a car to convert into a gypsy cab and support his wife and two children. He currently works until 7:00am, driving through all of the streets of Guayaquil. He charges between $1 and $10 per trip. One of the inconvenient things about working at night is the high level of crime.

With this loan, he would like to purchase parts for his car. In the future he would like to buy another taxi to earn more income and give his children a better life.
View original language description ↓
Renan de 40 años, es taxista informal. Vive con su esposa y dos hijo en una zona urbana llamada Guasmo y caracterizada porque la mayoría de sus habitantes son comerciantes.

Por la falta de oportunidades compro un carro para convertirlo en taxi informal y poder mantener a su esposa y dos hijos de 2 y 4 años. En la actualidad trabaja desde las 07h00am recorriendo las calles de todo Guayaquil y cobrando por viaje desde $ 1.00 hasta $ 10.00. Unos de los inconvenientes es trabajar en las noches debido al índice muy elevado de la delincuencia.

Para seguir trabajando en su carro él quiere comprar unos repuesto para su carro. En el futuro quiere comprar otro taxi para tener más ingresos y darles una mejor vida a sus hijos.

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
  • 40
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Renan Alonso purchase car parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2010
Listed
Dec 2, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012