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Elto Neri
Elto is 49 years old and is a hard-working man who started his business six years ago. Before that, he worked for a company. With the money he earned, he was able to purchase the machinery he needed for his workshop where he learned his profession.

He has the business in his home. He normally works with his wife who helps when he has enough demand to contract work to more people. With this loan, he will purchase more merchandise for his business like leather and glue, which will increase productivity.
View original language description ↓
Elto de 49 años, es un hombre trabajador que empezó su actividad hace 6 años, anteriormente trabajo en un empresa con un dinero que le dieron pudo comprar la maquinaria que necesitaba para su taller donde aprendió su profesión en su antiguo trabajo.

Tiene el negocio en el domicilio normalmente trabaja con su esposa quien le ayuda, cuando tiene bastante demanda de trabajo contrata a más personas. Con el préstamo va a comprar más mercadería para su negocio como cuero, pegamento para así incrementar su productividad.

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
  • 26
    View loans »
    Ecuador Loans Fundraising
  • $22,885,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Elto Neri to purchase leather and glue.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2011
Listed
Apr 30, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012