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Orlando David
Orlando is from Quevedo and is 24 years of age. His wife sells cosmetics in her free time and also takes care of their son. Within the the next few months, Orlando says the stork will be paying him a visit since his wife is pregnant. He started his business two years ago when his brother-in-law introduced him to the clothing retail trade, and now his venture has grown. Orlando also knows how to weld, so he produces metal doors along with his uncle. Since he manages his business from home, Orlando does not face any major problems.


The loan he is requesting will be used to buy clothing and a welding machine so that he can increase his sales of doors and windows. In the future, Orlando plans to open his own workshop so that he and his family can get ahead.

View original language description ↓
Orlando es de Quevedo y tiene 24 años. Su esposa trabaja vendiendo cosméticos en el tiempo libre ya que cuida a su hijo. Orlando nos cuenta que en los próximos meses volverá a recibir la visita de la cigüeña ya que su esposa está embarazada. Inicio su negocio hace 2 años cuando su cuñado le enseño la venta de ropa y poco a poco ha ido creciendo. También sabe de soldadura con ello elabora puertas metálicas junto a su tío. Como su negocio lo tiene en su domicilio no presenta mayor inconvenientes. El crédito lo va a utilizar en la compra de ropa y una maquina de soldar para aumentar la venta de puertas y ventanas. En un futuro Orlando planea abrir su propio taller y salir adelante con su familia.

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
  • 20
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,575 helped Orlando David to buy clothes to sell and a welding machine for making doors and windows.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
May 11, 2012
Currency Exchange Loss:
N/A
Expired:
Jun 10, 2012