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Francisco Manuel
Francisco is 63 years old and lives in Milagro, Ecuador. He decided to work in this business because it is a family business. He works every day with a lot of drive and effort. He is teaching his children to work as mechanics. In the future, he would like to be with all of his children (some are currently abroad) and improve his business. He will use this loan to buy machinery for repairing cars.
View original language description ↓
Francisco de 63 años vive (milagro ecuador) . el decidió seguir este negocio por que es familiar. Con mucho esfuerzo y ganas trabaja todos los días. el les enseña a sus hijos a que realicen el trabajo que es el de ser mecanico. A futuro el desea encontrarse con todos sus hijos que algunos estanfuera del país y mejorar su negocio. Con el préstamo comprara (maquinarias, reparacion de carros).

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
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Francisco Manuel to buy machinery for repairing cars.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Mar 22, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013