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Francisco Jaime
Francisco, 55, is very intent on succeeding in his bakery business over the next few years. He started out as a street vendor and little by little bought the equipment he needed to run his own small bakery. He and his family work all day and have some difficulties with delinquency. He is married and has three children, and his greatest goal is to continue with his work and expand his business. He is requesting a loan to buy eggs and sugar for his bakery.
View original language description ↓
Francisco es un hombre de 55 años de edad y tiene muchas aspiraciones en los próximos años de prosperar su panadería su historia empezó vendiendo pan ambulantemente pero poco a poco fue comprando los implementos y ahora ya tiene su pequeña panadería, su trabajo lo realiza con su familia todo el día, tiene dificultades son la delincuencia, está casado, tiene 3 hijos, su sueño más importante es continuar con su negocio y hacerlo más grande. Por eso quiere el préstamo para su panadería y asi poder comprar huevo, azucar.

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 Francisco Jaime to buy eggs, sugar, etc.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Mar 7, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 24, 2013