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Franklin Sergio
Franklin is 30 years old and lives in an urban area of Las Orquídeas (which is so called because there used to be many orchids to be found there), in Guayaquil. He is single and his business activity is selling juices and smoothies.

Franklin started his business some time ago using a cart that belonged to his mom. One day, with some savings that he had, he bought his own cart and, since then, he has enjoyed his business. He works from 6.00am to 3.00pm every day. He sells natural juices for 0.30, different flavored smoothies for 0.60 and tostadas for 0.60 each. With the help of this loan, he would like to buy an industrial toaster, blenders and various fruit so that he can offer a wider variety of products and increase his profits. In the future, he would like to buy a house and a vehicle.
View original language description ↓
Franklin de 30 años, vive en una zona urbana en las Orquídeas (llamado así porque en su originalidad había muchas flores orquídeas) de Guayaquil. Es soltero. Su actividad comercial es la venta de jugos y batidos.

Comenzó hace un tiempo atrás en una carreta que era de sus mama y un día con unos ahorros que tenia por medio de eso se compro su propia carreta y desde ese entonce le gusta esa actividad. Labora de 6H00 am a 15H00 pm diariamente. Vende en su carreta jugos naturales a 0,30 , batidos de todo sabor a 0.60 y tostadas a 0.60 cada uno. Con la ayuda del préstamo quiere comprar para su negocio tostadora industrial licuadoras y varios frutas para tener mas variedad e incrementar sus ganancias. En un futuro desea comprarse una casa y un vehículo.

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

  • $10,600
    Average annual income
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Franklin Sergio to buy an industrial toaster and blenders.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2011
Listed
May 28, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012