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Gene Agustin
Gene lives in Portoviejo. He’s 41-years-old and single. He’s a cabinetmaker by profession and has his shop at home. He started the business due to the lack of employment and responding to the recommendation of several people who liked his work. He currently runs it and even has employees who work from 8 to 5 in the afternoon, Monday through Saturday. He will use the loan to buy lumber and supplies to make furniture. He’d like to expand the business and improve his economy this way.
View original language description ↓
Gene vive en Portoviejo, tiene 41 años de edad y se encuentra soltero. Es ebanista de profesión y tiene el taller en su domicilio. El negocio lo empezó por la falta de empleo y por recomendación de varias personas a quienes le gustaba su trabajo. En la actualidad el administra e incluso tiene empleados quienes laboran de 8 a 5 de la tarde de lunes a sábado. Con el crédito va a comprar madera e insumos para la fabricación de muebles. Le gustaría ampliar su negocio con esto mejorar su economía.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,524,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Gene Agustin to buy lumber.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013