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Milton Francisco
Milton, 53, is a hard-working man. His family has long made a living making and selling furniture and he is continuing the tradition with his own workshop.

Milton works in the shop every day from 8:00am to 6:00pm. He makes furniture to order, using all kinds of wood. He will use this loan to buy supplies of wood, lacquer and sealer to stock the business with the supplies he needs to earn his living. His future goal is to buy equipment that would allow him to increase production and take on other kinds of work.
View original language description ↓
Milton de 53 años, es un hombre trabajador que por medio de su familia que tienen talleres de ebanistas el sigue con la misma actividad como una tradición familiar.

Ahora labora en su taller de 8h00 a 18h00 diariamente arreglando todo tipo de madera mediantes pedidos. Con el apoyo del préstamo desea comprar madera, laca, sellador para incrementar sus ganancias. En un futuro quiere comprar maquinas para producir más en su negocio y poder atender otros tipo de trabajo que tiene.

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
  • 18
    View loans »
    Ecuador Loans Fundraising
  • $22,604,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Milton Francisco to buy supplies for furniture-making business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012