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Luis Eduardo
Luis is 43 years old and lives in El Fortin. He started his business 3 years ago when he bought a vehicle and began distributing medicine. He does this from Monday to Saturday from 7 am to 7 pm. His wife Karina sells beauty products and also helps him with his business. They have been doing very well and no problems have come up. He has 2 children who are 16 and 8 and attend public school. With the loan he will purchase medicine inventory to improve his sales. His future goal is to help his children with their education.
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Luis tiene 43 años y vive en El Fortin. Su negocio lo empezó hace 3 años cuando compro un vehiculo e inicio la destribucion de medicamentos. El trabajo lo realiza de lunes a sábado de 7 de la mañana hasta las 7 de lo noche. Su esposa Karina vende productos de belleza y tambien le ayuda en el negocio. Les ha ido muy bien y no se les a presentado ningún tipo de inconvenientes. Tiene 2 hijos de 16 y 8 años que asisten a la escuela fiscal. Con el crédito comprara inventario en medicinas para mejorar sus ventas. Su meta futura es ayudar a sus hijos en la estudios.

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
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $25,057,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Luis Eduardo to purchase medicine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 12, 2012
May 20, 2012
Currency Exchange Loss:
Apr 18, 2013