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Erwin Daniel
33-year old Erwin is a hardworking man who runs a sandal-making business. He works from 8am to 3pm making and repairing sandals in his workshop. As he is ambitious, he starts work early in the day. Depending on their style, he sells the sandals for around $14.

In the future Erwin wants to have a large workshop, but at the moment his goal is to use the loan to buy soles and other materials.
View original language description ↓
Erwin de 33 años, es un hombre trabajar que tiene un negocio de confección y elaboración de sandalias. Trabaja desde las 08h00am hasta las 15h00pm elaborando y reparando sandalias en su taller.

Tiene muchas aspiraciones con su negocio por eso el comienza a trabajar desde muy temprano haciendo sandalias. Vende las sandalias según sea su elaboración hasta $ 14. Quiere en un futuro tener un taller grande pero para eso primero quiere comprar con el préstamo suelas y materiales.

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
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Erwin Daniel to buy soles etc. for his sandal-making business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Mar 21, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012