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Segundo Vicente
Segundo, age 56, is a gentleman who is responsible and honest in his work. His business is a bicycle workshop, but he also sells Ecuadorian fish stew. He manages this business with his son. His wife prepares the fish stew.


Segundo sells fish stew in the mornings from 7am to noon. His bicycle shop is open at 2pm and closes at 4pm. His son is 16 years old and attends public school.


The loan he is requesting will be used to purchase bicycle parts such as seats, tires, tubes, and hubcaps. He will also expand the shop where he sells fish stew so that his work will be easier. His dream is to expand his business and to see his son earn his diploma.

View original language description ↓
Segundo de 56 años, un hombre responsable y honrado es su trabajo.
Su negocio es un taller de bicicleta y la venta de encebollado, su actividad la elabora con su hijo, su esposa prepara el encebollado.
La venta de encebollado se la realiza todas las mañanas desde las 7:00am hasta las 12:00pm, y el taller de bicicleta lo abre a las 14:00pm y cierran a las 16:00pm.
Su hijo tiene 16 años, estudia en colegio público.
El solicita el préstamo para la compra de repuesto de bicicletas como: asientos, llantas, tubos, tapacubos, y para el incremento de su local en donde ellos puedan vender su encebollado con mayor facilidad.
Su sueño es agrandar su negocio y que su hijo termine su carrera escolar.

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 $1,075 helped Segundo Vicente to purchase bicycle parts (seats, tires, tubes, and hubcaps) and to expand his shop where he sells fish stew.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012