Check out other loans that are currently fundraising!
Medardo Marcial
Medardo, 34, lives on the Island of Guayaquil. He started working in a carpentry workshop and learned a lot about making furniture. He decided to take a carpentry course and now has his own workshop, which is going well. He works alone every day and sometimes his cousin helps him. Medardo is married with 3 children. The difficulty he has with having his business is the petty crime in the area. In the future, he dreams of having his own big business. With the loan he will buy materials such as tape, a saw and wood.
View original language description ↓
Medardo de 34 años vive ( isla Guayaquil ) el empezó a trabajar en un taller de ebanistería y aprendió mucho de muebles . por lo cual decidió entrar a un curso de ebanista y ahora se puso su propio taller y le va bien . trabaja todos los días solo y a veces lo ayuda un primo es casado tiene 3 hijos . la dificultad que tiene esw la delincuencia . a futuro el anhela tener su negocio grande . con el préstamo comprara ( materiales como cinta, cierra, madera ).

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
  • 78
    View loans »
    Ecuador Loans Fundraising
  • $23,931,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Medardo Marcial buy tape, a saw and wood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013