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Ervin

Ervin is applying for his second loan with Kiva and Mifex. He is the head of a true family business where he, his parents and his brothers work selling ceviche and other popular seafood meals. He and his brothers travel to the fish markets before dawn in order to buy the freshest fish and seafood. His wife and his mother prepare the meals to sell to the local community by 7 am almost everyday.



With the first loan, Ervin was able to invest his money in food and eventually he used the profits to open a new location with his wife. He is now requesting the loan in order to invest in the new place. Ervin and his wife have three children, but the business support the whole L. family. Late last year, Ervin was paid a visit by one of the very first Kiva lenders named Tom. Read all about the visit and Ervin’s business here: http://baddogpip.blogspot.com/2006/12/mifex-neighborhoods-tres-trinitaria.html



Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.

About Ecuador

  • $10,200
    Average annual income
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $23,876,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ervin invest in his new location.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 29, 2007
Listed
Jan 14, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 24, 2008