Check out some available loans that are similar to this one!
Angel Marino
Angel, 53, lives in Primavera de Duran (an unregulated suburb that was built, informally, over the hills, gulleys and ponds of the city's outskirts and has done so much to damage the ecology of the area). He is married and has grown children who are married and independent. He operates a business buying and reselling soft drinks.

When Angel found himself unemployed, he decided to start a business selling cold drinks--water, soft drinks--and fresh fruits and he's been happy with the progress of the business. He works every day, delivering his products by motorcycle to his customers. He will use this loan to buy merchandise that he will resell. He would like to finish building his house so that he can provide his family with a better life.
View original language description ↓
Angel de 53 años. vive en la Primavera de Duran (perímetro urbano fue originalmente irregular, con varios cerros, riachuelos y lagunas que aún se presentan como restos de una ecología en disolución). Esta casado y tienen hijos ya mayores de edad y casados. Su actividad es la venta de bebidas gaseosas.

Un día se quedo sin empleo entonce se lo ocurrió vende bebidas como agua colas y alimentos como frutas y le fue bien. Labora diariamente tiene una moto la cual hace sus repartos a cada cliente. Con el préstamo desea comprar mas mercadería para sus ventas como agua frutas y varios. El anhela terminar de construir su casa y darle lo mejor a su familia.

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
  • $24,299,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Angel Marino to buy fruits and soft drinks for his retail business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2011
Listed
May 28, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012