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Pedro Virgilio
Pedro is a 43-year-old man who has a great desire to boost his business over the next few years. His business is making grilles and doors.

Pedro's business story started when he was 16 years old and his dad sent him on a welding course. He ended up working in the cement business for 10 years and then set up his own workshop. He carries out his work alone every day, from 8.00am to 8.00pm. The difficulties he faces are illnesses and his children's health. Pedro is married and his wife takes care of their home. He has two children who are 10 and 7 years old and studying in a state school.

Pedro's dream is to improve his children's quality of life. He would like this loan for making grilles and doors. He will buy metal with which to make more doors.
View original language description ↓
Pedro es un hombre de 43 años de edad y tiene muchas aspiraciones en los próximos años de prosperar su fabricación de rejas y puertas.

Su historia comenzó a los 16 años su papa lo envió a un curso de soldador después se quedo trabajando en la cemento por 10 años para después poner su propio taller, su trabajo lo hace solo todos los días desde las 8 de la mañana hasta las 8 de la noche, si tiene dificultades son las enfermedades la salud de sus hijos, si esta casado su esposa se dedica a los quehaceres de la casa, si tiene 2 hijos menores de 10 y 7 años estudian en fiscal.

Su sueño es mejorar su calidad de vida a sus hijos. Por eso quiere el préstamo para su fabricación de rejas y puertas y comprar metal para hacer mas puertas.

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
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $23,522,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Pedro Virgilio to buy metal and iron.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2012
Listed
Feb 16, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 20, 2013