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Luis Geovanny
Luis is 57 years old. He has been married to Ercilia for 20 years and they have one son who is 17 years old. Ercilia is a housewife, and in her free time she helps with the business. He opened his store initially because there was no shop in the area to buy groceries. For this reason, and the great customer service he provides, the business does well. He works from 7am to 9pm. His greatest challenge is the winter season, due to the floods which damage merchandise, and delinquency. With this loan he will purchase more products such as rice, sugar, oil, colas, milk, cheese, groceries, water, etc. His dream for the future is to purchase a truck that he can use to expand his business.
View original language description ↓
Luis tiene 57 años. Hace 20 años está casado con Ercilia con quien tiene 1 hijo de 17 años de edad. Su esposa Ercilia es ama de casa y en su tiempo libre le ayuda en el negocio. La tienda la inicio en un principio porque no había un lugar por su sector en el cual comprar víveres, por este motivo y la atención que brinda tiene gran acogida. En la actualidad atiende de 7 de la mañana hasta las 9 de la noche. Su mayor preocupación es la temporada de invierno por las inundaciones que dañan sus productos y la delincuencia. Con el préstamo piensa comprar más productos como: arroz, azúcar, aceite, colas, leche, queso, víveres, agua etc. Su sueño futuro es comprar una camioneta que le serviría para aumentar su negocio.

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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Luis Geovanny to purchase rice, sugar, oil, colas, milk, cheese, and other groceries.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
May 20, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013