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Francisco Ismael
Francisco is 51 years old, he began working from a very young age with his father in a carpentry workshop and he continued with the business.

At present he works everyday with his children’s help. Francisco is married and his wife sells items to different people. The business is hurt a bit by competition since there are many places that do the same work. With the loan he will buy lumber materials to improve his earnings. In the future he wants to finish building his home and to have a fulfilling life with his partner.

View original language description ↓
Francisco de 51 años, es un hombre que empezó desde pequeño con su padre en la actividad de ebanistería (arreglo de materiales de madera) y siguió con el negocio.

En la actualidad trabaja diariamente con ayuda de sus hijos. Está casado y ella vende mercadería a diferentes personas. En el negocio le afecta mucho la competencia ya que hay muchos lugares con la misma actividad. Con el préstamo quiere comprar materiales de madera para así mejorar sus ingresos económicos. En un futuro lo que más quiere es poder terminar su vivienda para así tener una vida plena con su conyugue.

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
  • 10
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Francisco Ismael buy boards, glue and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012