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Juan Carlos
Juan, 37, is a hard working man who started working as a Driver 15 years ago. He used to drive a public bus but then bought a used car that he uses as a taxi.

He currently works in his taxi from 7am until 9pm. What most affects his work is the delinquency since he already had his taxi stolen although he was able to recover it. He wants to use the loan to take care of some documentation related to the car so he can take it to the junk yard and buy merchandise to open a stationery shop he has. In the future he’d like to buy a new car with the junk metal process for cars he took care of when he filed his documents and continue with his stationery shop business.
View original language description ↓
Juan de 37 años, es un hombre trabajador que inicio su actividad de chofer hace 15 años antes manejaba bus público, después se compró un carro usado lo cual lo usa como taxi.

En la actualidad laborar en su taxi de 7h00am a 9h00pm. Lo que más de afecta en su trabajo es la delincuencia ya que un día le robaron el taxi pero lo pudo recuperar. Con el préstamo quiere arreglar de unos documentos del carro para llevarlo a la chatarra y comprar mercadería para abrir una papelería que tiene. En un futuro quiere comprarse su carro nuevo con el proceso de chatarra para carros que realizo al meter sus documentos y seguir en su negocio de papelería.

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
  • $22,583,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $975 helped Juan Carlos pay vehicle related processing fees and to buy merchandise for a small stationery shop he has.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Apr 3, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012