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Alejandro Nelson
Alejandro, 52, lives in Milagro, Ecuador. He decided to work as a caretaker at a school but seeing that the money was insufficient to support his family he decided to sell bollos [green plantain, peanuts and fish wrapped in a banana leaf]; he does well. He works every day as a caretaker and on weekends as a bollo merchant. In future, he'd like to have his family all together and to improve his business. He will use the loan to buy meat and to rent a locale for his snack shop.
View original language description ↓
Alejandro de 52 años vive (milagro ecuador) el decidió trabajar de conserje en una escuela . al ver que el dinero no le alcanzava para sustentar a su familia decidió vender bollos le va bien. El trabaja solo todos los días como conserje y los fines de semana como bollero. A futuro el desea tener su familia junta ytener su negocio mejor. Con el préstamo comprara carnes, alquiler de local para picanteria.

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

  • $10,600
    Average annual income
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,095,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Alejandro Nelson to buy meat and pay rental on a locale.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2012
Listed
Mar 23, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013