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Segundo Aurelio
Segundo is 53 years old. He is a hard-working man who started working 30 years ago as a skilled worker and then as an assistant truck driver, receiving promotions in his work.

Segundo currently works transporting freight only two days a week and one day he rests all day. He is affected by crime in his work since the cities where he transports his cargo are dangerous. His wife is a housewife and they have five children only one of whom is in school. Segundo would like to use his loan to buy building supplies such as iron, cement and sand. In the future, he would like to look for another way of making independent income.
View original language description ↓
Segundo de 53 años, es un hombre trabajador que inicio su trabajo hace 30 años como oficial y después como ayudante de tráiler y así fue ascendiendo su puesto.

En la actualidad trabaja transportando cargas solo 2 días a la semana y uno descansa en todo el día. Le afecta en su trabajo la delincuencia ya que la ciudad donde transporta sus cargas son peligrosas. Su esposa es ama de casa y tienen 5 hijos solo uno de ellos estudia. Con el préstamo quiere comprar materiales de construcción como hierro cemento arena. En un futuro desea buscar otra forma que conseguir ingresos independientes.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Ecuador

  • $10,200
    Average annual income
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Segundo Aurelio to buy cement, sand and iron.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012