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Franklin David
Franklin, 31, was born in Jipijapa where cattle raising predominates. Several years ago he left the city of his birth and currently lives in Guayaquil with his wife and three children who are 4, 7 and 9 years old and attend public school.

Aiming at getting ahead he started selling milk door to door to improve his economy. His daughter helps him deliver the milk from Monday to Sunday starting at 7am. His wife works doing domestic chores so she only helps him on the weekend. His greatest concern is the widespread delinquency in the neighborhoods. He will use the loan to buy yoghurt to increase sales and be able to give his children a better education.
View original language description ↓
Franklin tiene 31 años. Nació en Jipijapa donde predomina la ganadería. Hace ya varios años que dejo su ciudad natal, actualmente vive en Guayaquil con su esposa y sus 3 hijos de 4, 7 y 9 años de edad quienes estudian en una escuela fiscal. Con visión de salir adelante inicio vendiendo leche de casa en casa para mejorar su economía. Su hija le ayuda en la repartición de leche de lunes a domingo desde las 7 de la mañana. Su esposa trabaja en quehaceres domésticos y le ayuda solo los fines de semana. Su mayor preocupación es la delincuencia por que recorre los sectores. Con el préstamo va a comprar yogurt para aumentar su venta y poderles dar una mejor educación a sus hijos.

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
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Franklin David to buy milk and yoghurt.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 22, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013