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Faustino Genaro
Faustino is a 55-year-old man. His wife helps him with the business of the house.

He has many ambitions in the next few years if his canteen prospers. His history with the business began four years ago. He began because of the great need to bring income home. He does his job alone. He has a food cart in the market, where he works until 2:00 and later at home. He has no problems.

He is married and has children, but they are all adults. His most important dream is to have a store and a cart. For this reason he wants the loan so he can buy plantains, plates, and chairs for his canteen.
View original language description ↓
Faustino es un hombre de 55 años de edad y tiene muchas aspiraciones en los próximos años de prosperar en su negocio del comedor. Su historia empezó con el negocio tiene 4 años, empezó por la gran necesidad de llevar sus ingresos a su casa, su trabajo lo hace solo tiene una carreta de comida en el mercado trabaja ahí hasta las 2:00 y luego en lo casa, no tiene dificultades, si está casado su esposa le ayuda con el negocio de la casa, si tiene hijos todos son mayores de edad, su sueño más importante es tener una despensa y una carreta. Por eso quiere el préstamo para su comedor y asi comprar platanos, platos, sillas para hacer diferentes platos.

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
  • 17
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Faustino Genaro to purchase plantains, plates, and chairs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013