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David Francisco
David, 56, is married living with his wife; he’s the father of three children. He works in a small eatery that has gradually gotten ahead. With help from a bit of capital he was able to invest in the business buying two tables and four chairs but they are insufficient for the business. He asks for the loan to invest in the business and increase the ingredients for the food like rice, beverages, oil, fruit, among others and also for tables and chairs. His dream to expand the business in a larger locale since he rents a small locale located at the corner of his house.
View original language description ↓
David de 56 años, es casado vive con su esposa, padre de tres hijos.

Trabaja en un pequeño comedor, que poco a poco ha salido adelante.

Con la ayuda de un capital ah podido invertir en el negocio, con la compra de dos mesas y 4 sillas, que no son suficientes para el negocio.

Solicita el préstamo para invertir en el negocio e incrementar en los productos de comida como: arroz, bebidas, aceites, frutas, entre otros como: sillas y mesas.

Su sueño es expandir su negocio en un local más grande, ya que el alquila un pequeño local ubicado en la parte esquinera de su vivienda.

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
  • 36
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped David Francisco to buy chairs, rice and beverages.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Oct 10, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012